policy outcomes and social welfare. I find no evidence of gubernatorial partisan differences in tax rates, welfare generosity …, while welfare caseloads are higher under Democratic Governors. In terms of social and economic outcomes, Democratic … Governors tend to preside over higher median post-tax income, lower posttax inequality, and lower unemployment rates. However …

wages and more redistributive taxes. Under Republican Governors, incarceration rates are higher, while welfare caseloads are … median post-tax income, lower post-tax inequality, and lower unemployment rates. However, for 25 of the 32 dependent … variables, gubernatorial partisanship does not have a statistically significant impact on policy outcomes and social welfare. I …

, which creates incentives for free-riding and strategic delegation. The welfare effects of providing the policy-maker with …. Implications for the welfare effects of ‘informational lobbying’ are discussed. …

This Paper explores the implications of the recent sharp rise in US wage inequality for welfare and the cross … markets can account for these trends in cross-sectional US data. We also investigate the welfare costs of the rise in wage in …

welfare of domestic households. …

This paper analyses the welfare effects of changes in cross-sectional wage dispersion, using a class of tractable … heterogeneous-agent economies. We emphasize a trade-off in the welfare calculation that arises when labour supply is endogenous. On … welfare loss roughly equivalent to a 2.5% decline in lifetime consumption. Assuming Cobb-Douglas preferences, this number is …

to borrowers. In this study, we consider redistribution as a channel for aggregate and welfare effects of inflation. We … weighted welfare of domestic households. …