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increase in economic inequality. While these trends are largely attributed to technological change and demographic shifts, such …
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detailed life-cycle consumption-smoothing program, to a) measure ultimate economic inequalityinequality in lifetime spending … accurately capture actual remaining lifetime marginal net tax rates. We find far less inequality in spending power than in wealth …
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detailed life-cycle consumption-smoothing program, to a) measure ultimate economic inequality - inequality in lifetime spending …We find far less inequality in spending power than in wealth or labor earnings due to the fiscal system's high degree …
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We evaluate the effects of inequality, fiscal policy, and COVID19 restrictions in a model of economic slack with … potentially rigid capital operating costs. Inequality has large negative effects on output, while also diminishing the effects of … restrictions themselves when rigid capital costs induce firm exit. Higher inequality is associated with larger restriction …
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