Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality … surprisingly, on what the actual levels of income inequality are, and there are common misperceptions about their trends. In policy …

incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …

bias in the treatment of the contributions of the parties. The Piketty inequality here is the share in total welfare … accruing to the richer party over total welfare attained at agreement point. We show that this inequality can never exceed the … inequality in initial contributions if the qualitative bias is zero. The rising Piketty inequality requires that the qualitative …

The relationship between income inequality and polarization is an empirical fact: a change in equality might occur … together with a change in polarization. At the same time, polarization might emerge while inequality remains constant. The …

We examine the relationship between changes in a country’s public sector fiscal position and inequality at the top and …-like indices of inequality as our measures to assess distributional changes. Based on the EU’s Statistics on Income and Living … rising inequality at the top. The data also weakly suggest a decrease in inequality at the bottom. The distributional impact …

reduce income inequality. Starting from Lambert and Aronson (Inequality decomposition analysis and the Gini coefficient …

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 …

social preferences transmitted by ideology. We introduce inequality-averse and inefficiency-averse agents and analyze their …