Recently, a lot of attention is given to income variations occurring at the top of the income distribution. “What happens to the top 1%?” is a question of crucial importance on the political level (Occupy Wall Street Movement) as well as on income inequality measurement level. Despite this...

In this article, we analyze the redistributive impact of a recent reform of tuition fees in Quebec. We adapt Duclos, Makdissi and Wodon's (2005) methodology to a Generalized Lorenz framework. Many policy analysts argued that maintaining low higher education tuition fees is regressive. We take a...

We analyze property crime in an endowment economy composed of a large number of heterogeneous individuals who need to protect themselves, choose whether to participate in crime or not, and decide on how to allocate their predation efforts across victims. The equilibrium posits perfect foresight...