inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary … inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …

are caused by ex-ante differences in lifeexpectancy. However, these pension reforms may themselves induce redistribution …

incomes follow a power-law distribution, and the redistribution of income corresponds to a change in the power-law exponent …. Given the messiness of the struggle for resources, why is the outcome so simple? This paper explores the idea that the (re)distribution …

outcomes. Second, we study which policies can reduce this type of inequality without, hopefully, damaging macroeconomic …