Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/249194 
Year of Publication: 
2021
Series/Report no.: 
JRC Working Papers on Territorial Modelling and Analysis No. 08/2021
Publisher: 
European Commission, Joint Research Centre (JRC), Seville
Abstract: 
We develop a general equilibrium OLG model to evaluate a wide menu of popular redistributive policies in a unified context. We work in two steps: First, we study how initial conditions in human and financial capital, as inherited from family background, shape individuals' human capital, and hence their work opportunities, income and wealth, and eventually macroeconomic outcomes. Second, we study which policies can reduce this type of inequality without, hopefully, damaging macroeconomic efficiency.
Subjects: 
Inequality
efficiency
government expenditures
public policy
JEL: 
D63
H21
H50
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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