Absolute poverty has dropped markedly in Bulgaria but income inequality has increased substantially in the aftermath of … the GFC. This increase is due to a rise in market income inequality that was compounded by a reduction in fiscal … redistributive efficiency. The COVID-19 crisis is likely to deepen income inequality, increasing the room for redistributive policies …

poverty. We provide two empirical applications of our measure. First, we analyze the development of inequality in the US from …Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but … inequality do not adequately reflect these normative preferences. In this paper, we address this shortcoming by developing a new …