The successful assimilation of ethnic minorities into Western economies is one of the biggest challenges facing the Modern World. The substantial flows of Irish, to England, provide an historical example of this process. However, this has received surprisingly little scholarly attention. We use...

Income distribution embeds a large field of research subjects in economics. It is important to study how incomes are distributed among the members of a population in order for example to determine tax policies for redistribution to decrease inequality, or to implement social policies to reduce...

The aim of this paper is to examine the impact of inequalities and economic convergence on the efficient discount rate, in the absence of any risk-sharing scheme. We consider an economy in which the initial consumption level and the distribution of consumption growth are heterogeneous. The...

This chapter analyses patterns of policy change and employment performance in the social models of the Netherlands and Switzerland from the 1990s until about 2012. We outline how these countries have been able to reconcile high employment levels, a lean welfare state and moderate levels of...

Recent empirical research has demonstrated that countries with higher levels of religiosity are characterized by greater income inequality. We argue that this is due to the lower level of government services demanded in more religious countries. Religion requires that individuals make financial...

We analyze the distributional and efficiency impacts of different allowance allocation schemes for a national cap and trade system using the USREP model, a new recursive dynamic computable general equilibrium model of the U.S. economy. We consider allocation schemes applied to a comprehensive...