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given system. Redistribution is measured on a lifetime basis using estimated earnings profiles for a sample of people taken … benefits. We find that many of the proposed changes to social security have surprising little effect on the redistribution …
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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 …
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rise in income inequality using the standard labour supply/demand explanation. Fiscal redistribution has become less … effective in compensating increasing inequalities since the 1990s. Some of the basic features of redistribution can be explained … the extent of redistribution and the components of the Mirrlees framework. The redistributive role of factors such as …
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