of charitable giving into the optimal income tax framework that has been developed over the past half century. The … effects can be offset by tax rate adjustments to the broader income tax and transfer system. These ideas are developed …

income-enhancing physical traits. To illustrate how heredity produces intergenerational economic effects, this study uses one … from the literatures describing the impact of beauty on earnings and the intergenerational elasticity of income suggests …

excess sensitivity to aggregate income, indicating a lack of full asset integration. We also find a large unexplained gap …

Top income inequality in the United States has increased considerably within occupations. This phenomenon has led to a … search for a common explanation. We instead develop a theory where increases in income inequality originating within a few … provides non-divisible services to consumers, with physicians our prime example. Examining local income inequality across U …

We review research on the dynamics and distribution of individual earnings and family income. We start with univariate … earnings models, which dominate the literature and are often used as the exogenous component of family income in structural … family income that integrate individual earnings, marriage (accounting for marital sorting), and earnings of a spouse (if …