This paper analyses optimal income taxes over the business cycle under a balanced-budget restriction, for low, middle and high income households. A model incorporating capital-skill complementarity in production and differential access to capital and labour markets is de-veloped to capture the...

This study is the first to investigate the interdependence of income inequality and business cycles in Germany over the past 40 years. These fluctuations in income inequality are important because they are decisive for designing effective and targeted structural redistributive and stabilization...

We investigate the cyclicity of the income distribution and quantify the relation with the business cycle. We apply standard turning point analysis and filtering techniques to a large microdataset of US individual incomes that combines survey data, tax records and national accounts. We document...