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Wealth inequality and democracy
Scholars have studied the relationship between land inequality, income inequality, and democracy extensively, but have reached contradictory...
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Is there a Green Dividend of National Redistribution?
CO 2 emissions are disproportionately caused by more affluent consumers. In the political debate, this fact has triggered the demand for income...
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Left and right: a tale of two tails of the wealth distribution
We study a model of wealth accumulation in altruistic lineages, in which households face uninsurable risk, investment indivisibilities and borrowing...
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On the distribution of lifetime wealth accumulation
I derive a stationary distribution of lifetime wealth accumulation factor in a model featuring inheritance of productivity, wealth, and health...
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How Sustainable is Need-Based Redistribution?
This chapter examines the economic sustainability of need-based income redistribution via the welfare state. We model the welfare state as an... -
The distribution of wealth: an agent-based approach to examine the effect of estate taxation, skill inheritance, and the Carnegie Effect
Wealth inequality has been a topic of recent interest worldwide. One means to address wealth inequality may be through estate taxation. To study the...
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Population aging and wealth inequality
Much effort has been devoted to exploring the consequence of population aging on economic growth. Little attention is paid to its impact on income...
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Tax redistribution offset? Effect of marital choices on income inequality
This paper examines the relationship between marital sorting and income inequality in Switzerland using individual tax data. We find that assortative...
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A false divide? Providing information about inequality aligns preferences for redistribution between right- and left-wing voters
Are differences in preferences for redistribution between right- and left-wing voters amplified because of misperceptions of inequality? To address...
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A Tullock Index for assessing the effectiveness of redistribution
I propose two alternative versions of a “Tullock Index” for assessing the effectiveness of income or wealth redistribution. In the spirit of...
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Wealth inequalities among seniors: the role of marital histories across cohorts
Wealth accumulation is the result of several factors: saving behaviors, inheritance, work and marital histories. In a context of increasing diversity...
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Fair crack of the whip? The distribution of augmented wealth in Australia from 2002 to 2018
The omission of pension wealth potentially distorts the international comparison of wealth distributions. Private pension wealth is often included in...
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Turning out for redistribution: the effect of voter turnout on top marginal tax rates
I investigate the impact of voter turnout on top marginal tax rates in OECD countries between 1974 and 2013. I find that higher turnout leads to...
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Institutional reform, technology adoption and redistribution: a political economy perspective
We examine technology adoption and growth in a political economy framework where two alternative mechanisms of redistribution are on the menu of...
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Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany
Using new data from a three-wave panel survey administered in Germany between May 2020 and May 2021, this paper studies the impact of a negative...
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Wealth inequality, systemic financial fragility and government intervention
Does wealth inequality make financial crises more likely? If so, how can a government intervene, and how does this affect the distribution of...
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The long-run determinants of redistribution: evidence from a panel of 47 countries in 1967–2014
Redistribution is one of the most central functions of modern government. Against the backdrop of rising income inequality in many countries,...
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Collective wealth and group identity: insights from stratification economics
Informed by insights drawn from stratification economics and deploying dynamic game theory, we project the long-term outcome of racial/ethnic wealth...
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Effects of Carbon Tax Redistribution Schemes on Energy Welfare of Households in Germany
Increasing carbon taxes have the potential to disproportionately affect lower income households, who lack the financial and decision-making capacity... -
Gender preference gaps and voting for redistribution
There is substantial evidence that women tend to support different policies and political candidates than men. Many studies also document gender...