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 …

size, productivity, composition, and inequality of cities, as well as their size distribution in the urban system. …

involuntary unemployment in a market economy to the incidence of malnutrition and this in turn to inequality in the distribution … no aggregate demand deficiency. It is shown that certain patterns of inequality-reducing asset redistribution reduce the …

What shapes the optimal degree of progressivity of the tax and transfer system? On the one hand, a progressive tax … system can counteract inequality in initial conditions and substitute for imperfect private insurance against idiosyncratic … earnings risk. At the same time, progressivity reduces incentives to work and to invest in skills, and aggravates the …

of consumption and inequality with the new Keynesian model of nominal rigidities and business cycles, and that includes … role on the effectiveness of the stabilizers, whereas tax-and-transfer programs that affect inequality and social insurance …