Haan, Peter; Kemptner, Daniel; Prowse, Victoria; … - In: Quantitative economics : QE ; journal of the … 16 (2025) 2, pp. 565-613
‐and‐transfer system in mitigating such inequalities, which could otherwise lead to disparities in living standards. Utilizing a life‐cycle … model, we determine that the tax‐and‐transfer system offsets 45% of lifetime earnings inequality attributed to differences …