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The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … tool for fighting wealth inequality without having distorting effects for the economy. For this purpose, the distributional …
Persistent link: https://www.econbiz.de/10012419216
What was the impact of urban political structure on economic inequality in preindustrial times? I document that more … closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To … inequality. To mitigate concerns about reverse causality, I exploit the Thirty Years' War (1618-1648) as a plausibly exogenous …
Persistent link: https://www.econbiz.de/10013170896
wealth and income inequality at the cost of negative effects on capital, labor, and output. Finally, these theoretical …
Persistent link: https://www.econbiz.de/10012389033
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth …
Persistent link: https://www.econbiz.de/10012597127
Persistent link: https://www.econbiz.de/10014433515
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One … redistribution, we find no significant average treatment effect for either treatment in the full sample, although those who …
Persistent link: https://www.econbiz.de/10014543737
Persistent link: https://www.econbiz.de/10010466285
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This study reviews Thomas Piketty’s Capital and Ideology and provides a detailed analysis to aid understanding of the book, combined with diverse scholars’ perspectives in the fields of economic history, political economics, and social sciences. This book is selected as my review target to...
Persistent link: https://www.econbiz.de/10013266307
We calibrate an incomplete markets large scale OLG model to the US income and wealth distribution and examine the effects of alternative government debt levels and adjustment policies on macroeconomic aggregates and welfare. We find that the government should hold negative debt. Due to the high...
Persistent link: https://www.econbiz.de/10013047686