Three determining factors for economic inequality are self-chosen effort, self-chosen risk, and external circumstances … setting where inequality is due to a choice over effort-provision and a choice over risk-taking. While the resulting … fairness of inequalities due to self-chosen effort and self-chosen risk, however, are lacking. I study a novel experimental …

intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is …A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and … lower (higher) and the SCC higher (lower) than along an inequality-neutral growth path, especially if intra-generational and …

relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security … system. We find that mortality risk, when negatively correlated with entitlements, significantly lowers subjects' willingness …

relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security … system. We find that mortality risk, when negatively correlated with entitlements, significantly lowers subjects’ willingness …

life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings … that is due to heterogeneous skill endowments. Meanwhile, taxes and transfers insure 45% of lifetime earnings risk. Taxes …