The Upward Redistribution of Income

Income Rank and Upward Comparisons

Many studies have argued that relative income predicts individual well-being. More recently, it has been suggested that the relative rank of an individual’s income, rather than how that income compares to a mean or reference income, is important. Here the relative rank hypothesis is examined along with the additional hypothesis that individuals compare their incomes predominantly with those of ...

The redistribution of income when needs differ

Ameliorating Congestion by Income Redistribution

is one of ten regional units mandated by Congress and established in Fall 1988 to support research, education, and training in surface transportation. The UC Center serves federal Region IX and is supported by matching grants from the U.S. Department of Transportation, the California Department of Transportation (Caltrans), and the University. Based on the Berkeley Campus, UCTC draws upon exist...

Understanding Preferences for Income Redistribution

We are grateful for funding under the Robock Award in Empirical Economics from the University of Wisconsin. Wei-Yin Loh provided invaluable advice on the implementation of the tree regression methods employed in this paper. Keely thanks WARF and the Brookings Institution for generous research support, and Brookings for their hospitality. Tan thanks the generous research support provided by the ...

Taxation and Redistribution of Residual Income Inequality

[ Journa © 2013 market. We study this problem in the context of a directed search model of the labor market populated by homogeneous workers and heterogeneous firms. The optimal redistribution can be attained using a positive unemployment benefit and an increasing and regressive labor income tax. The positive unemployment benefit serves the purpose of lowering the search risk faced by workers. ...