This paper discusses the key concepts and main stylized facts concerning household real income and income inequality in … the United States in recent decades. It explains the widely used summary measures of income distribution, which reveal … that income inequality in the US has been steadily rising. It explores the economic implications and social consequences of …

The Spanish Minimum Income scheme, introduced in 2020, offers beneficiaries a unique national guaranteed income as a …

The elasticity of taxable income (ETI) parameter is a key quantity in empirical analysis of tax policy and labor supply … high incomes. The estimated ETI parameters increase steadily with income, meaning highincome individuals are more … responsive to tax changes than middle-income individuals. Next, we show how (un)compensated elasticities of labor supply can be …