We examine a generalized version of Flam and Helpmans (1987) model of vertical differentiation that maps cross-country differences in income distributions to variations in import variety and price dis
This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and pro
While past labour market reforms have been successful in terms of employment, the relative poverty risk and income inequality have remained broadly unchanged in recent years. Some social groups remain
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ABSTRACT Using an input-output framework, this article studies the consequences of income redistribution from rich people either to poor people or to the government upon the sectoral structure of the