In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … such activities, thus exacerbating inequality among a large part of the population. We then survey the existing empirical …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age-wealth …

neighborhoods, schools and households (spouses), can have important consequences for the acquisition of human capital and inequality …

inequality seen in tax data since the 1970s markedly, highlighting the need to move beyond tax data to capture income and wealth …--HSBC Switzerland ("Swiss leaks") and Mossack Fonseca ("Panama Papers")--matched to population-wide wealth records in Norway, Sweden …, and Denmark. We find that tax evasion rises sharply with wealth, a phenomenon random audits fail to capture. On average …