discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and … practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are … progressivity). Fiscal progressivity is further decomposed into differences in the distribution of transfers across income groups …

) policies. The technique is based on income distribution simulations and controls for differences in pre-tax income … coefficient and the mean (GDP per capita). We illustrate the technique with an application to the personal income tax, using a …

This paper makes a new attack on the old problem of measuring horizontal inequity in the income tax. Local measures of … inequality of posttax income among pretax equals are proposed, which reflect alternative value judgments about the nature and …” are discussed. A variation in the methodology validates banding the income data to create “close equals” groups …

that the optimal progressivity increases unambiguously with growing income inequality. This conclusion holds up under …

This paper reviews capital taxation issues in Italy based on a comprehensive definition encompassing taxes on income …, transactions, and ownership. It discusses options to enhance the neutrality of the capital income tax system, followed by a … replacing the set of existing taxes on financial and real assets with a single net wealth tax …

Can a government reduce income inequality by changing the composition of public spending while keeping the total level … of expenditure fixed? Using newly assembled data on spending composition for 83 countries across all income groups, this … paper shows that reallocating spending toward social protection and infrastructure is associated with reduced income …

on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We …

The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically …, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in … it is very large and not accompanied by a real contraction. But restoration of the lower income group''s bargaining power …

policy is complex. This paper highlights the channels through which monetary policy easing affect income and wealth …

This paper studies the relationship between wealth inequality and occupational choice between rent-seeking and …-seeking as it enables them to protect their wealth from expropriation. Hence, initial wealth determines occupational choice and … aggregate economic activity. The model also generates an unequal wealth distribution endogenously through fair gambles …