to redistribution and intertemporal distortions that arise as implications of Pareto optimality with private information …

redistribution, and investigates the incentives for politicians to manipulate public accounts. We show that politicians may choose …

We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only … of education taxes/subsidies. We demonstrate how the government can achieve redistribution through wage compression and … analyze the conditions under which such redistribution is feasible and socially desirable. …

We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only … desirability of redistribution through wage compression. …

We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only … desirability of redistribution through wage compression …

conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for …. At an aggregate level, a rise in redistribution induces a compression effect on the distribution of pre-tax returns. In … the financial market, I identify general equilibrium trickle-up externalities that provide a force for more redistribution …