422 research outputs found

    Public redistributive policies in general equilibrium: an application to Greece

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    We develop a general equilibrium OLG model of a small open economy to quantify the aggregate and distributional implications of a wide menu of public redistributive policies in a unified context. Inequality is driven by unequal parental conditions in financial and human capital. The model is calibrated and solved using fiscal data from Greece. Our aim is to search for public policies, targeted and non-targeted, that can reduce income inequality without damaging the macroeconomy and without worsening the public finances. Pareto-improving reforms that also reduce inequality include an increase in public education spending provided to all and an increase in the inheritance tax rate on financial wealth. At the other end, we identify reforms that may reduce inequality but make everybody worse o§. Regarding cases in between, a switch to a fully funded public pension system is good for everybody although it is the rich-born that benefit more by moving to a more efficient macroeconomy

    Attosecond pulse metrology

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    Strong-field effects induced in the extreme ultraviolet domain

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    Motivated by the achieved high intensities of novel extreme ultraviolet (XUV) radiation sources, such as free electron lasers and laser-driven high harmonic generation beamlines, we elaborate on their perspective in inducing observable strong field effects. The feasibility of extending such effects from the infrared and visible spectral regimes in the XUV domain is supported through numerically calculated models of near-future experiments. We highlight the advancement of performing studies in the time domain, using ultra-short XUV pulses, which allows for the temporal evolution of such effects to be followed. Experimental and theoretical obstacles and limitations are further discussed. © The Author(s), 2020. Published by Cambridge University Press in association with Chinese Laser Press
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