conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for …. At an aggregate level, a rise in redistribution induces a compression effect on the distribution of pre-tax returns. In … the financial market, I identify general equilibrium trickle-up externalities that provide a force for more redistribution …

households. We find that the system of joint taxation is only optimal when the government has a high taste for redistribution … towards one-earner couples and a very low or even negative taste for redistribution towards couples in which both partners …