threshold level. I find that this reform reduces the inequality in after-tax income, wealth, and consumption. However, it … end, I develop a theory of entrepreneurship that mimics key facts on the wealth and income distribution in Spain. I find … involves doubling the average effective tax rate on labor and business income for all individuals whose income is above a …

, escalating income inequality. Policy simulations indicate government support measures mitigated wage income reduction and … unemployment rise, yet they contributed to income inequality under certain conditions. These results provide insight into the …' wage income. Firms' sales, particularly in areas heavily impacted by COVID-19, declined by 6.1% on average, inducing a …

relationships among the main functions of taxation--notably, raising revenue, redistributing income, and correcting externalities …This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the …--and the mapping between these functions and various forms of taxation. Different types of taxation as well as expenditures on …

There is much evidence that relative income concern reduces subjective wellbeing and raises labour supply - "keeping up … with the Joneses" (KUJ), while increasing use of social media and growing inequality encourage comparison. Models with one …