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Factor shares, redistribution and growth in a captured democracy

Vindigni, Andrea - 2024

A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...

Persistent link: https://www.econbiz.de/10014461501

On the political and economic determinants of redistribution : economic gains, ideological gains, or institutions?

Souza, Gustavo Moreira de - 2022

I describe a structural method to quantify the contribution of different elements of social choice to the level of redistribution. Estimating a DSGE model with microdata on the support for redistribution, I find that if voters disregarded their ideological views on welfare policies,...

Persistent link: https://www.econbiz.de/10013393544

Fundamental Determinants of Inequality and the Role of Government

Tanzi, Vito - 1998

This paper discusses the fundamental determinants of inequality. These are identified as world or market forces, social norms, ownership of real and human capital, and the role of government. The change in the relative role of these factors in determining inequality during economic development...

Persistent link: https://www.econbiz.de/10014403421

Deregulierungspotentiale in der gesetzlichen Rentenversicherung : Reformnotwendigkeiten versus Reformmöglichkeiten

Burger, Alexander - 1996

Durch die demographischen und ökonomischen Entwicklungen der letzten Dekaden sind Zweifel an der Tragfähigkeit der Gesetzlichen Rentenversicherung (GRV) laut geworden. Die Rufe nach einer Neugestaltung sind in keinem Zweig der Sozialversicherung so deutlich wie in der GRV. Ökonomische...

Persistent link: https://www.econbiz.de/10011926881

Privatized Keynesianism or conspicuous consumption? : status anxiety and the financialization of consumption in Chile

González, Felipe - 2017

Why do people acquire consumer debt? In this article, I draw on the case of Chile and call into question the … show that financialization might be explained by two subtler mechanisms in the case of Chile and, arguably, other …Weshalb nehmen Verbraucher Kredite auf? Am Beispiel von Chile hinterfrage ich in diesem Beitrag die Erklärungskraft …

Persistent link: https://www.econbiz.de/10011622484

The political economy of growth, inequality, the size and composition of government spending

Schmidt-Hebbel, Klaus; Tello, José-Carlos - 2014

Persistent link: https://www.econbiz.de/10011311378

The burden of unanticipated government spending

Heer, Burkhard; Scharrer, Christian - 2016

We study the impact of a government spending shock on the distribution of income and wealth between cohorts in a dynamic stochastic Overlapping Generations model with two types of households, Ricardian households and rule-of-thumb consumers. We demonstrate that an unexpected increase in...

Persistent link: https://www.econbiz.de/10011458011

Government expenditure in the DINA framework : allocation methods and consequences for post-tax income inequality

Riedel, Lukas; Stichnoth, Holger - 2022

Constructing measures of post-tax income inequality that are consistent with national accounts requires the allocation of the entirety of government expenditure to individuals. About half of government expenditure in the United States takes the form of in-kind collective expenditure (e.g.,...

Persistent link: https://www.econbiz.de/10012816827

Vanishing Corporate Income and Government Spending in Distribution Models

Driessen, Patrick - 2014

Many distribution models that are workhorses for tax policy, and more broadly for research on immobility and inequality, are insufficient welfare measures of either the status quo or policy proposals. This paper explores two fundamental modeling problems: The omission of corporate income, and...

Persistent link: https://www.econbiz.de/10013046018

Redistributive policies in general equilibrium

Oikonomidēs, Geōrgios; Philippopulos, Apostolēs; … - 2021

We develop a general equilibrium OLG model to evaluate a wide menu of popular redistributive policies in a unified context. We work in two steps: First, we study how initial conditions in human and financial capital, as inherited from family background, shape individuals' human capital, and...

Persistent link: https://www.econbiz.de/10012653236