This paper provides new evidence on the distributional effects of fiscal policy using data on a panel of OECD economies over the last four decades. We study how four measures of income inequality and poverty respond to several stock and flow variables accounting for fiscal actions. We find that...

Redistribution is usually understood in terms of income; as a way to rank individuals as well as to determine taxable capacity or benefit eligibility. Yet, it is increasingly argued that more prominence should be given to the joint distribution of income and wealth and interest into the taxation...

This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link between globalization and income inequality differs across...

We study optimal climate policy in a global economy where regions differ in wealth and climate vulnerability. Carbon emissions from production lead to output losses, and there is a technology for emissions absorption. We provide an aggregation result: the model with heterogeneity can be cast...

What is the nature of the distributional effects of trade? This paper demonstrates conceptually and empirically the importance of “trade-induced horizontal inequality,” i.e. inequality brought about by trade shocks that occurs among workers with the same level of earnings prior to the shock....

This paper is the overview chapter of an edited volume on "The Distributional Effects of Government Spending and Taxation." The paper offers the author's perspective on the government's role as a redistributive agent. Taxation and public spending programs are analyzed using the experiences of...

This paper is the overview chapter of an edited volume on quot;The Distributional Effects of Government Spending and Taxation.quot; The paper offers the author's perspective on the government's role as a redistributive agent. Taxation and public spending programs are analyzed using the...