We compare redistribution through trade restrictions vs. domestic lump-sum transfers. When preferences are non-homothetic, even domestic lump-sum transfers affect relative prices. Thus, contrary to the conventional wisdom, domestic lump-sum transfers are not necessarily superior to distortionary...

"Welfare for everyone", according to former chancellor and economics minister Ludwig Erhard, has been the credo of Germany’s economic and social policy for the past 60 years. However, Germany is increasingly failing to achieve this objective. Germany is a country of enormous inequality -...

Among all G20 countries, Germany has the lowest level of inequality in terms of disposable income. Germany's tax and transfer system - which has a strong and effective redistributive impact compared with other countries - plays a key role in this connection. Over the past ten years, positive...

This paper investigates the major drivers of governmental redistribution. Extended and harmonised data on effective redistribution recently provided by the newest version of the Standardized World Income Inequality Database allows for the assessment of the origins of governmental redistribution...

"Welfare for everyone", according to former chancellor and economics minister Ludwig Erhard, has been the credo of Germany's economic and social policy for the past 60 years. However, Germany is increasingly failing to achieve this objective. Germany is a country of enormous inequality - income,...

Among all G20 countries, Germany has the lowest level of inequality in terms of disposable income. Germany's tax and transfer system - which has a strong and effective redistributive impact compared with other countries - plays a key role in this connection. Over the past ten years, positive...

This paper investigates the major drivers of governmental redistribution. Extended and harmonised data on effective redistribution recently provided by the newest version of the Standardized World Income Inequality Database allows for the assessment of the origins of governmental redistribution...

Das Ringen um den richtigen wirtschaftspolitischen Kurs in Deutschland wird seit einiger Zeit vor allem durch verteilungspolitische Diskussionen geprägt. Wenig Beachtung finden hingegen Überlegungen, dass ökonomischer Wohlstand erst einmal erwirtschaftet werden muss. Damit Letzteres gelingt,...

The integration of China's huge workforce into the global trading system has had profound effects on economies worldwide. Trade with China has been shown to lead to wage losses and declining employment in developed countries. The integration of the Chinese economy into the world trade is also...

Territorial institutions, inequality, and redistribution : introduction and overview -- Interregional and interpersonal inequality around the world -- Theoretical foundations : territorial political incentives and the limits to redistribution -- Federalism and redistribution -- Territorial...

"Wohlstand für alle" - das ist seit Ludwig Erhard das Credo der deutschen Politik. Doch Deutschland ist an seinem Ideal gescheitert: In unserer Marktwirtschaft wird mit gezinkten Karten gespielt. In kaum einem Industrieland herrscht eine so hohe Ungleichheit - in Bezug auf Einkommen, Vermögen...

"The Poverty and Shared Prosperity series provides a global audience with the latest and most accurate estimates on trends in global poverty and shared prosperity, as well as in-depth research into policies and interventions that can make a difference for the world&#x;s poorest. The 2016 edition...

We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to disentangle the direct policy effect from the effect of changing market incomes. Over the whole period 1979-2007 the cumulative tax policy effect aggravated income inequality...

Mainstream economists usually identify a fundamental conflict between efficiency and justice in re-source allocation: markets are generally considered an efficient allocation tool, but create unequal results. Corresponding governmental redistribution shall equalize some of these market results,...

The paper examines Senegalâ??s growth performance from the perspective of its povertyreducingand distributional characteristics, and discusses policies that might help makegrowth more inclusive. The main findings are that poverty has fallen in the last two decades,but poverty reduction has...

The income share of the top one percent of the population in the United States has increased from a little over nine percent of national income in the 1970s to 22.46 percent in 2012- a 144 percent increase. What is driving this astronomic growth in incomes for some? Is it possible the result of...