proportion of income) also decline by almost the same amount, suggesting shared understanding that is characteristic of social …

This paper documents earnings dynamics over the life-cycle and income level using a large administrative database from … normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …, there is no evidence of an added-worker effect but government insurance and income pooling can mitigate the pass-through of …

perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in … Austria and show that the average treatment effect of information on perceptions is mostly driven by higher income individuals … while low-income respondents hardly react. We replicate this result for the United States and Germany using data from two …

theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries …

We study the optimal tax system when taxpayers earn different kinds of income by supplying different inputs. Imperfect … such as income-shifting. Formalizing the tax schedule as the sum of many one-dimensional schedules, we express optimal … marginal tax rate on any kind of income in terms of sufficient statistics, including new ones for cross-base responses and …

When measuring income inequality over long periods of time, accounting for population and productivity growth is … important. This paper presents three alternative measures of top income shares that more explicitly account for population and … income growth than the standard measure. We apply these measures to long-term income data from the United States and find …