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We investigate how the reduction of income inequality through tax policy affects economic growth. Taxation at different points of the income distribution has heterogeneous impacts on households' incentives to work, invest, and consume. Using U.S. state-level data and micro-level household tax...
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on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We …
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-percentile consumption diagnostics that could inform redistribution policies. The proposed framework is illustrated in application to Iraq …
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Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent history, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas...
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, unlike before, was consistently pro-poor. Moreover, growth and redistribution aligned after 2012 to reduce poverty, whereas …-poor. Finally, the overall trends in the quality of growth and its contribution and that of redistribution to poverty adjustments … poverty reductions, while growth with government-directed redistribution can. …
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