The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...

The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...

This study investigates the relationship between distinct types of inequality and CO2 emissions using panel data on 156 countries from 1995 to 2020. Using fixed effects panel and quantile regression techniques, we report estimates that indicate that pre-distribution (inequality reduction by...

We study optimal climate policy in a global economy where regions differ in wealth and climate vulnerability. Carbon emissions from production lead to output losses, and there is a technology for emissions absorption. We provide an aggregation result: the model with heterogeneity can be cast...

Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring against income risks. But studies measuring redistribution often focus only on a one-year period. Using German SOEP data from 1984 to 2009, long-term inequality over a 20-year period...

Income inequality in China is severe; measured by the Gini-coefficient it amounted to 0.46 in 2011; wealth distribution is even worse with 0.61. These disparities led to a major shift in emphasis of politics in general and of the Five-Year Plan for National Economic and Social Development by the...

Using the 2004 income survey of the Hungarian Central Statistical Office we consider the targeting of two types of unemployment-related benefits: a) unemployment insurance and re-training benefits and b) the unemloyment assistance (UA). The evidence suggests that unemployment-related benefits...

Deutschland ist ein Land, das kräftig von oben nach unten umverteilt, innerhalb von Haushalten, durch Steuern und Transfers sowie auch durch die Bereitstellung öffentlicher Güter: In kaum einem anderen Land ist die Differenz zwischen der Ungleichheit der Brutto- und Nettoeinkommen größer...

In der öffentlichen Debatte herrscht die Einschätzung vor, dass die Ungleichheit der Einkommen und des Vermögens in Deutschland und in Europa in den letzten Jahren stark zugenommen hat. Geht die Schere zwischen Arm und Reich wirklich weiter auseinander, oder ist die wachsende Ungleichheit ein...

Befragungsdaten deuten auf einen mehrheitlichen Wunsch hin, der Staat solle die Einkommensunterschiede in Deutschland verringern. Besonders im vergangenen Jahrzehnt hat sich die subjektive Umverteilungspräferenz weiter erhöht. Der verstärkte Wunsch nach sozialem Ausgleich vollzog sich...