This paper investigates the trade-off between growth and distribution in open economies. In closed economies redistribution seems to reduce growth. I show that in open economies tax competition leads redistributing (left-wing) governments to mimic 'right-wing' policies if capital mobility is...

This Chapter reviews various interactions between the distribution of income across individuals and factors of production on the one hand, and aggregate savings, investment, and macroeconomic growth on the other.

The authors study the employment and distributional effects of regulating (reducing) working time in a general equilibrium model with search-matching frictions.

This paper offers a supply-side explanationof the cross-country variation in long-run growth and inequality. In the model human capital is "lumpy" and public education directly affects growth, the number of high-skilled people and wages.

In an infinite-horizon, endogenous growth model a capital income cum investment subsidy tax is considered to investigate if distribution of income towards the non-accumulated factor of production (labour) retards growth and if capital income taxes are bad instruments to finance investment...

Many theoretical model show that redistribution causes low growth. However, cross-country regressions often suggest that growth is positively related to redistribution. This paper analyzes that puzzle in an open economy framework.

This paper reviews evidence on the distribution of earningd in Ireland between 1987 and 1994. Possible explanations whithin the Supply - Demand - Institutional framework are considered and changes in these factors in Ireland are described.

The intra-distributional mobility of German income dynamics is analysed using GSOEP. Transition probabilities are found to be time-varying. The tested models comprise various mixed Markov chains in discrete time and a non-stationary mover-stayer model is proposed. In order to explain the...