costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …

progressivity in flat-tax reforms of the United States economy. We find that investment expensing as in the Hall and Rabushka type … of reform brings about sizable output gains and a non-trivial increase in after-tax income inequality. But we also find … expensing and varying degrees of progressivity reveal that the distributional role of the tax-exemption in the labor income tax …

redistributive taxation. In a formal model of redistribution with international migration and fiscal competition we derive the main … combining them with OECD taxation data, we find robust evidence suggesting that a) higher patriotism is associated with higher …

or societal laws benefiting religious citizens. Rising income inequality can, however, lead some of the rich to form a …

excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the ‘exporting’ of inequality across borders; and how this, in …

relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate … redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … democracy and redistribute more than both very equal and very unequal countries. We also show that asset redistribution, such as …

inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping …

curve in many Western economies during this period, with the fall in inequality following redistribution due to … widespread social unrest and revolution. Political transition, rather than redistribution under existing political institutions … political equilibria and acts as a commitment to redistribution. Our theory also offers a novel explanation for the Kuznets …

when old. Externalities are caused by a polluting factor. The revenue from pollution taxation, as well as capital …-income taxation, is redistributed in a lump-sum to the old. A majority-elected representative takes the fiscal decision, at each point … in time. In politico-economic equilibrium, more inequality (in terms of the skewedness of the distribution) yields a …