We study the impact a redistribution of income has on the decisions of a health care innovator and the utility of … consumers. We find that income redistribution from rich to poor increases the quality of the medical innovation, reduces its … price and increases the utility of some of the consumers whose income is reduced through the redistribution. -- Health care …

context, we examine the impact of redistributive taxation and compute socially optimal tax rates. Redistribution acts as …

redistribution. One argument against increased redistribution is that it could hamper innovation and technological progress. To the …-quality and cross-country comparable panel data on income redistribution from distributional national accounts. The sample covers … innovation in the cross-country setting. This result is robust to the use of various measures of income redistribution and patent …