While policymakers are rightly concerned about evidence of rising income concentration at the top, it is often wrongly assumed that the same rich individuals stay rich. In reality, the membership of this group are in a state of constant flux. This new study, based on more than 20 million tax...

This paper simulates the impact that Covid-19 related job losses will have on family incomes and the public finances. It finds that in the central 'medium' unemployment scenario of 600,000 job losses, around 400,000 families will see their disposable income fall by more than 20 per cent in the...

The main goal of this paper is to document and analyze the long-term evolution of inequality of opportunity (IOp) in the four largest European economies (France, Germany, Great Britain and Italy). Relative IOp represents an important portion of total income inequality, with values ranging from...

This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques, that enable specic labor market transitions to be modeled. We find that discretionary fiscal policy measures in...

This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques, that enable specific labor market transitions to be modeled. We find that discretionary fiscal policy measures...

Family economic mobility has been a policy concern for decades, with interest heating up further since the 1990s. Using data that tracks individual families' incomes during overlapping 10-year periods from 1978 through 2014, this paper investigates the relationships of factors - family...

Transitory and permanent shocks to income have been shown to be important determinants of household consumption. This paper shows that there are significant differences in the development of transitory and permanent inequality of household income between demographic groups since the 1980s. Using...

We document a clear increase in Swedish earnings inequality in the early 1990s. Inequality in disposable income and earnings net of taxes and transfers also increased, but much less than the increased inequality in pre-government earnings. These different developments are most likely explained...

The paper first summarizes the theoretical and empirical literature on the growth and inequality impact of the liberalization of trade, FDI, portfolio flows, and migration. It then compares the inequality and growth performance of Latin America over 2000-2008 with that recorded during the same...

This paper explores the impact of fiscal and labor market policies on efficiency, inequality, and fiscal outcomes in France. We extend the general equilibrium model calibrated for France by Alla and others (2015), with measures of labor and capital income for different groups in the economy (the...