social security system does not generate muchvertical redistribution. However, income redistribution takes placewithin the …

less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …

did not complete their terms of indenture; late arrival and early departure from the master’s household was widespread …

the same structure across regions and to berelated to the age of the farmer, land fragmentation, and the village migration …

of wealthy agents to finance redistribution. We compare this approach with standard modelling where redistribution …

borrowers. In this study, we consider redistribution as a channel for aggregate and welfare effects of inflation. We model an ….S. economy. While the redistribution shockis zero sum, households react asymmetrically, mostly because borrowers are younger on … though inflation-induced redistribution has a persistent negative effect on output, it improves the weighted welfare of …