We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to disentangle mechanical effects due to changes in pre-tax incomes from direct effects of policy reforms. While tax reforms implemented under Democrat administrations, in...

This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance against macro level shocks in terms of automatic stabilizers. We find that automatic stabilizers absorb 38% of a proportional income shock and 47% of an idiosyncratic...

Der Beitrag stellt die Ergebnisse eines incentivierten Umfrageexperiments, das in neun EU-Mitgliedstaaten durchgeführt wurde, vor. Es wird aufgezeigt, wie das Priming gemeinsamer wirtschaftlicher Interessen, einer geteilten Identität und der Corona-Pandemie die Ausprägung von Altruismus,...

This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...