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The relationship between inequality and redistribution is usually studied under the assumption that the government …
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In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this …
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-individual redistribution and between- and within-individual insurance. These components are distinguished from perspective of the start of … against wage and family composition shocks is substantial and highly valued by individuals. Within-individual redistribution …
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We use a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to analyze economic policy meant to compensate the losers of trade liberalization and reduce the ensuing wage inequality. We consider several...
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Korpi and Palme (1998) famously suggested the existence of a Paradox of Redistribution:although programs targeted to … harmonized by LIS. My results showthat the relationship between the redistribution obtained by social transfers and their pro … the rich are unable to reachdown the income ladder and remain stuck at very low levels of redistribution.This reflects how …
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