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Bénabou, Roland - C.E.P.R. Discussion Papers - 1996

and benefits of redistribution through taxes, land reform or public schooling: such policies simultaneously depress …

Persistent link: https://www.econbiz.de/10005123982

Politically Sustainable Probabilistic Minority Targeting

De Donder, Philippe; Peluso, Eugenio - C.E.P.R. Discussion Papers - 2014

We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...

Persistent link: https://www.econbiz.de/10011083515

Social Mobility and the Demand for Redistribution: the POUM Hypothesis

Bénabou, Roland; Ok, Efe A - C.E.P.R. Discussion Papers - 1998

Even relatively poor people oppose high rates of redistribution because of the anticipation that they, or their …

Persistent link: https://www.econbiz.de/10005662178

Social mobility and redistributive taxation

Konrad, Kai A.; Morath, Florian - C.E.P.R. Discussion Papers - 2010

We investigate redistributive taxation in a political economy experiment and determine how different patterns of social mobility affect the choices of redistributional taxes. In the absence of social mobility, voters choose tax rates that are very well in line with the prediction derived in the...

Persistent link: https://www.econbiz.de/10008607502

Tax And Education Policy In A Heterogeneous Agent Economy: What Levels Of Redistribution Maximize Growth And Efficiency?

Bénabou, Roland - C.E.P.R. Discussion Papers - 2000

costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …

Persistent link: https://www.econbiz.de/10005124288

Positive Arithmetic of the Welfare State

Conde-Ruiz, José Ignacio; Galasso, Vincenzo - C.E.P.R. Discussion Papers - 1999

of a within-cohort redistribution scheme and an unfunded social security system. The programme's size is determined in a … is sustained by a voting coalition of retirees and low-income young, intragenerational redistribution by low-income young … redistribution component of the social security. Therefore, to assess how changes in inequality affect the welfare state, the income …

Persistent link: https://www.econbiz.de/10005497868

The Macroeconomics of Early Retirement

Conde-Ruiz, José Ignacio; Galasso, Vincenzo - C.E.P.R. Discussion Papers - 2003

Early retirement represents a policy response to the appearance of a mass of redundant middle-aged workers, who were not entitled to a pension transfer in their old age. This policy is distortionary, since it reduces the incentive to accumulate human capital, hence decreasing economic growth: it...

Persistent link: https://www.econbiz.de/10005667126

The Evolution of Retirement

Conde-Ruiz, José Ignacio; Galasso, Vincenzo; Profeta, Paola - C.E.P.R. Discussion Papers - 2005

We provide a long-term perspective on the individual retirement behaviour and on the future of early retirement. In a cross-country sample, we find that total pension spending depends positively on the degree of early retirement and on the share of elderly in the population, which increase the...

Persistent link: https://www.econbiz.de/10005791934

Postponing Retirement: the Political Push of Aging

Galasso, Vincenzo - C.E.P.R. Discussion Papers - 2006

Conventional economic wisdom suggests because of the aging process, social security systems will have to be retrenched. In particular, retirement age will have to be largely increased. Yet, is this policy measure feasible in OECD countries? Since the answer belongs mainly to the realm of...

Persistent link: https://www.econbiz.de/10005792455

Democratic Public Good Provision

Hassler, John; Storesletten, Kjetil; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2003

This Paper analyses an overlapping generation model of public good provision under repeated voting. The public good is financed through age-dependent taxation that distorts human capital investment. Taxes redistribute income both across different skill groups and across generations. We contrast...

Persistent link: https://www.econbiz.de/10005123612

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