microlevel panel data of German income tax files that is highly representative for top income households. Top income mobility is … recipients' mobility is lower than that of lower income tax units. …

A large literature has documented top income share series based on income tax statistics using the common methodology … established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major … exclusion of capital gains, we employ a rich data set containing the tax files of all income taxpayers. Third, we construct a …

under various inflation scenarios. We develop a tax micro-simulation model for the newly available Panel on Household … Finance (PHF) data. The simulation yields an inverted U-shaped overall redistributive effect of the income tax and social … drag always enhances the equalising effect. The nominal income growth as well as the deterioration of tax progression at …

distributions are highly leptokurtic. The existing tax and transfer system reduces dispersion and left-skewness of shocks. We then … show that in a standard incomplete-markets life-cycle model, first, higher-order risk has sizable welfare implications …, which depend crucially on risk attitudes of households; second, higher-order risk matters quantitatively for the welfare …

using the Lerman-Yitzhaki progressivity index. Our main results are: i) the Brazilian tax system as a whole remains … towards a more progressive tax system could be achieved by reducing the weight of indirect taxes and increasing the taxation …

Welfare states redistribute both between individuals (inter-individual redistribution) reducing annual, cross … distributional focus of the German welfare state differs. When persons are young, state intervention reduces income differences … between individuals mainly through the progressive tax system. Getting older and reaching retirement age income …