This paper reports about a randomized experiment in which training vouchers of €1000 were given to low-skilled workers …. The vouchers increase training participation by almost 20 percentage points in two years, relative to a base rate of 0 … capital theory, we find that vouchers cause a shift towards more general forms of training. We do not find any significant …

When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … growth since 1980 than when keeping top groups fixed. For earlier historical periods, our analysis shows that choice of …

growth dynamics. We find multiple politico-economic regimes where the pressure for redistribution is highly non …

) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies …