Showing 1 - 2 of 2
Based on the standard axiom of individual utility maximization, rational choice has postulated that higher income inequality translates into greater redistribution by shaping the median voter’s preferences. While numerous papers have tested this proposition, the literature has remained divided...
Persistent link: https://www.econbiz.de/10010849982
Discusses which countries have low and which have high Gini coefficients as well as relationships with the incomes of the poor and the rich.
Persistent link: https://www.econbiz.de/10010616703