-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …

This paper introduces life expectancy inequality into a tractable Mirrleesian life-cycle model and characterizes the … optimal income tax policy using theory and calibration. A positive association between life expectancy and income counteracts … the well-known static pattern of declining marginal utility. As a result, the mechanical value of redistribution is …

inequality - beliefs about how economic inequality changes the crime rate or the quality of democratic institutions, for example …What matters for individuals' preferences for redistribution? In this paper we show that consequentialist beliefs about …,731 U.S. citizens, we show that a majority of respondents believe that inequality leads to a wide range of negative societal …

-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …

What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for … interplay between inequality and economic growth. Inequality might come in many forms: (top) incomes, wages, wealth, land, or … potential for growth to 'take off'. We consider causality running from inequality to growth; hence, the Kuznets hypothesis is …