This article studies the short -and long-term effects of Universal Basic Income programs - a uniform transfer to every individual in society - in the context of a developing economy and compares this policy with other ...

Education related changes are often argued as the main reasons for changes in earnings distribuctions. However, omitted variable and measurement error biases possibly affect econometric estimates of these effects. Brazil ...

This paper proposes extensions of the idea of shared prosperity and inclusive development. It explores dynamic growth linkages between mean income, inequality and social welfare, on the one hand, and different labor ...

This paper investigates the income inequality generated by a jobsearch process when di§erent cohorts of homogeneous workers are allowed to have di§erent degrees of impatience. Using the fact the average wage under the ...

This article studies the impact of longevity and taxation on life-cycle decisions and long-run income. Individuals allocate optimally their total lifetime between education, working and retirement. They also decide at each ...

Our work is based on a simpliÖed heterogenous-agent shoppingtime economy in which economic agents present distinct productivities in the production of the consumption good, and di§erentiated access to transacting assets. ...

Several empirical studies in the literature have documented the existence of a positive correlation between income inequalitiy and unemployment. I provide a theoretical framework under which this correlation can be better ...