Showing 1 - 10 of 46
The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … model where redistributive conflict takes place both between educational groups and age-groups. The effects of inequality … inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and …
Persistent link: https://www.econbiz.de/10005405748
This paper surveys the empirical literature on the association between growth on inequality in less developed countries …, with a particular emphasis on labor market inequality. Cross-country studies failed to find a clear link from growth to … inequality. Country-specific studies that focused on labor market inequality have shown that, with a few exceptions, wage …
Persistent link: https://www.econbiz.de/10005405822
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10005405824
appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10005405913
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10005405921
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.
Persistent link: https://www.econbiz.de/10005405935
We develop a model that allows for public goods and status signaling through charitable contributions. This model provides a unified framework in which contributions are driven both by altruism and status signaling. We use this setup to re-examine the conventional practice of rendering a...
Persistent link: https://www.econbiz.de/10005406030
pre-tax income inequality. …
Persistent link: https://www.econbiz.de/10005406276
The relationship between inequality and redistribution is usually studied under the assumption that the government … expenditure). We study the effects of inequality on the size (and structure) of redistributive programs in both perfectly … case and that in the latter case an increase in inequality can be associated with a fall in the tax rate. We find also that …
Persistent link: https://www.econbiz.de/10005406280
dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … when the inequality is increased by a fair procedure. Our regression analysis provides basic macroeconomic support for the … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …
Persistent link: https://www.econbiz.de/10005406372