TRISP develops structural household life-cycle models in macroeconomic environments to evaluate the effects of inequality in income, wealth, hours worked and consumption on welfare, and to quantitatively decompose the trends in inequality into their various sources. We then use these models to evaluate the impact of fiscal and monetary policies on inequality and to characterize welfare improving policies.
Trends in Inequality: Sources and Policy
CountriesUnited Kingdom, Sweden, USA, Germany
Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income riskAuthors: Dirk Krueger, Alexander Ludwig, Sergio Villalvazo, | Journal Article
The lost ones: The opportunities and outcomes of white, non-college-educated Americans born in the 1960sAuthors: Margherita Borella, Mariacristina De Nardi, Fang Yang, | Journal Article
Sources of U.S. wealth inequality: Past, present, and futureAuthors: Joachim Hubmer, Per Krusell, Anthony A. Smith Jr., | Journal Article
The Intergenerational Elasticity of Earnings: Exploring the MechanismsAuthors: Uta Bolt, Eric French, Jamie Hentall MacCuish, Cormac O’Dea, | Working Paper
Should Germany have built a new wall? Macroeconomic lessons from the 2015-18 refugee waveAuthors: Christopher Busch, Dirk Krueger, Alexander Ludwig, Irina Popova, Zainab Iftikhar, | Journal Article
See all publications by TRISP
Germany: Federal Ministry of Labour and Social Affairs, Federal Ministry of Education and Research, Federal Ministry of Family Affairs, Senior Citizens,
Women and Youth, Federal Ministry of Finance, Federal Ministry of Economics, State of Hessen Ministry of Economics.
USA: International Monetary Fund, World Bank.
United Kingdom: Department of Work and Pensions
Netherlands: Ministry of Social Affairs and Employment