Do factual immigration updates shift societal concerns across political ideologies? Conducting an online experiment in the lead-up to the 2024 U.S. Presidential Election, respondents provided local immigrant stock and flow estimates before being randomized to receive realistic information on...

The tax and transfer system partially insures households against individual income risk. We build a framework to assess the size and (welfare) value of this partial insurance, which is based on exploiting distributional differences between household gross income and disposable income. Our...

Abstract We study life expectancy inequality in a Mirrleesian life-cycle framework. Life expectancy shapes the efficiency dimension of redistribution via the pension wedge. Moreover, cost- and preference-based channels arising from the income-lifespan gradient reduce the mechanical value of...

This paper provides clear evidence that concerns for basic needs satisfaction (BNS) represent a distinct distributional motive. Using a unified theoretical and experimental framework across five dictator-game experiments in Germany and Georgia (N=446), we disentangle BNS from motives such as...

The current report presents findings of a research project that explored attitudes towards welfare and redistributive policies among Irish residents. Public support for the welfare state is an important foundation for democratic governments to pursue the policies needed to alleviate poverty in...

We study the transmission and distributional effects of monetary policy in an environment where consumption-saving choices reflect both precautionary motives and life-cycle considerations. Age emerges as a key state variable linking multiple dimensions of heterogeneity: young households have low...

When structural labor supply models are unavailable or impractical, the paper proposes a practical method for incorporating behavioral responses into static taxbenefit microsimulation models. Using elasticity estimates from the literature, the proposed external evidence procedure offers a...

In diesem Beitrag werden die potenziellen Auswirkungen einer in Österreich diskutierten Kindergrundsicherung analysiert. Das Modell der Kindergrundsicherung besteht aus drei Säulen: (1) einem Ausbau von Sachleistungen, (2) der Weiterentwicklung monetärer Transfers zu einem Universalbetrag...

This paper incorporates labor market inactivity and long-term unemployment into the framework of optimal redistributive taxation. We examine how a combination of education policy, public employment programs, unemployment benefits, and optimal income taxation can effectively address both...

In "Immigration, search and redistribution: A quantitative assessment of native welfare," a paper by Battisti et al. published in the August 2018 issue of the Journal of the European Economic Association, the authors inquire about how migration to 20 Organization for Economic Cooperation and...

With the 2021 introduction of Germany's basic pension, longterm insured persons with low incomes can receive a supplement to their statutory pension. In 2024, around 1.4 million recipients received an average pension increase of 100 euros as a result. Data from the German Pension Insurance show...

Inequality often arises from strategic interactions among individuals. This is so because risky investments can not only be resolved by chance (natural risk), but also by others' actions (social risk). We study how these different sources of inequality shape fairness judgments and the level of...

We study whether exposure to social movements campaigning against income and gender income inequality shifts individual beliefs about inequality, reshapes preferences for redistribution, and translates into political participation in the UK. Since the Great Recession of the 2010s, the UK has...

This study examines how economic inequality influences the effectiveness of fiscal policy using a three-agent New Keynesian DSGE model with incomplete financial markets. The findings suggest that economies with a high share of liquidity-constrained households exhibit larger fiscal multipliers...

The purpose of this essay is to point out two errors which exist in Patinkin's Money, Interest and Prices. The aim is to show that the rehabilitation of the neoclassical theory of money and interest is not convincing. I shall try to show that Patinkin's refined version of the quantity theory...

While economic inequality has gained prominence in the contemporary development debate, the reasons why the degree of tolerance for inequality varies among countries remain an unresolved issue. This knowledge gap has resulted in excessive policy emphasis on inequality in some countries where...

This paper experimentally examines Max Weber's thesis on the influence of religious narratives - particularly the Protestant Ethic - on attitudes toward wealth redistribution. Weber argued that the Protestant Reformation fostered the belief that economic success signals divine favour, thereby...

We study whether exposure to social movements campaigning against income and gender income inequality shifts individual beliefs about inequality, reshapes preferences for redistribution, and translates into political participation in the UK. Since the Great Recession of the 2010s, the UK has...