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The aim of this paper is to test if electoral systems and human development are linked. Using high quality data and very simple panel data econometric techniques, we show that electoral systems play a critical role in explaining the difference in the levels of human development between...
Persistent link: https://www.econbiz.de/10005062469
theoretical background for redistribution policies such as land reform. The present model has the advantage to link growth to …
Persistent link: https://www.econbiz.de/10005408257
example, it has been proposed that greater inequality is associated with lower growth, because of the greater redistribution … median-voter hypothesis concerning redistribution, because of previous absence of data on factor income distribution (that is …, incomes before taxes and transfers) across households, and thus on the gains by poorer households from redistribution. The …
Persistent link: https://www.econbiz.de/10005076939
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10005076936
This paper examines the political economy of redistribution when voters have asymmetric information about the …
Persistent link: https://www.econbiz.de/10005407535
While several cross-sectional studies (La Porta et. al. 2002, Norton 2002) examine institutional and cultural determinants of economic freedom, changes in economic freedom remain unexamined. I construct a measure of median voter preferences and find changes in voter preferences for economic...
Persistent link: https://www.econbiz.de/10005556897
A decision maker is contemplating an action whose outcome is state dependent. She has a ‘prior’ over the states of the world and before choosing an action, she can consult an ‘expert’. We model the communication game between the decision maker and the expert as a ‘cheap-talk’ game....
Persistent link: https://www.econbiz.de/10005118601
Persistent link: https://www.econbiz.de/10005408217
Our objective is to obtain an accurate estimate of the degree of intergenerational income mobility in Canada. We use income tax information on about 400,000 father-son pairs, and find intergenerational earnings elasticities to be about 0.2. Earnings mobility tends to be slightly greater than...
Persistent link: https://www.econbiz.de/10005408317
The objective of this work is to analyse the income inequality in the 15 EU countries during the convergence process to the Monetary Union. Using the information contained in the European Community Household Panel, corresponding to the four first waves. Using the inverse second order stochastic...
Persistent link: https://www.econbiz.de/10005076592