income inequality and lower costs of factor mobility. In some countries, larger market income inequality has been met by an …, larger market inequality has been accompanied by a reduction in transfers, thus leading to growth in disposable income … inequality. In our model, the initial level of market income inequality is crucial in explaining how an increase in this variable …

inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary … inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …

the link between market inequality and redistribution is even stronger when using perceived inequality measures. We …

Evidence from a current panel of harmonized worldwide data highlights a robust negative effect of income inequality on … reinforced by limited credit availability. Higher public spending on education attenuates the negative effects of inequality. In … addition to the inequality-growth relationship, we examine the direct influence of effective redistribution. When net …

We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …

policies are able to effectively reduce income inequality. We contribute to this research question by using different country …-level data sources to study inequality trends in OECD countries since 1980. We first investigate the development of inequality … over time before analyzing the question of whether governments can effectively reduce inequality. Different identification …

inequality and economic growth, implying the conclusion that inequality reducing policies will foster economic growth. The … likely to suffer from a severe weak instrument problem in the inequality-growth setting because lagged differences of … inequality have practically no explanatory power for current inequality levels. Thus, it is biased in the direction of OLS and …

beginning of the 20th century. Until the 1970s, the country experienced a fall in inequality in spite of lower income growth …. Since then, inequality has generally increased possibly as a result of large-scale shocks such as macroeconomic crises and …