Does Redistribution Reduce Inequality?
研究基于劳动收入税、遗产税或两者组合的线性再分配方案对不平等的稳态影响，发现遗产税可能因减少代际运气平均化而加剧不平等。
The steady-state effect on inequality of linear redistributive schemes based on the taxation of earnings, inheritances, or some combination of the two is examined. Dynasties that exhibit asexual reproduction and altruism are modeled. Earnings ability, which may be correlated across generations, is exogenous and drawn from a station ary distribution. Taxing inheritances increases inequality by reducing the inter generational averaging of "luck." Taxing lifetime wealth or income adds a lump-sum tax on earnings, making redistribution more successful. However, this success is sensitive to the relative size of mean earnings and inheritances. Copyright 1986 by University of Chicago Press.