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The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
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Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda …. Support for redistribution may also be affected by altruistic and egalitarian preferences, but knowledge about the … redistribution in a broad sample of the Swiss population. Based on a recently developed non-parametric clustering procedure, we …
Persistent link: https://www.econbiz.de/10012154186
Empirical cross-country evidence suggests that countries position themselves along a sort of Market Regulation (MR)-Social Expenditure (SE) trade-off “line”. Theoretically, it is clear that there exists a certain degree of substitutability between SE and MR, since both can provide a cushion...
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in line with our theory. -- Redistribution ; Welfare Spending ; Information ; Income ; Voting ; Political Economics …
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redistribution and progressive taxation, and less likely to have a conservative political orientation, even conditional on having the …
Persistent link: https://www.econbiz.de/10009739172
Luxembourg is a rich and fast-growing country. However, inequality of disposable incomes has trended up modestly over the past decades and relative poverty has risen reflecting mainly the rapid growth of high incomes. The relatively high inequality of market incomes is substantially reduced by...
Persistent link: https://www.econbiz.de/10009767764
This paper provides an empirical investigation on the drivers of tax and transfer income redistribution to working …. The analytical approach is based on a reduced-form model of income redistribution which is estimated through cross …-country-time series regressions. The baseline model builds on the political economy literature of income redistribution and includes a set …
Persistent link: https://www.econbiz.de/10011914266