Showing 1 - 10 of 87
We study competition between political parties in repeated elections with probabilistic voting, allowing a multidimensional policy space and multiple political parties. This model entails multiple equilibria. When parties hold different opinions on some policy, they may take different policy...
Persistent link: https://www.econbiz.de/10012615461
I construct a model of public policy development, and use the model to explain why the United States has a comparatively small public sector, but instead a large private welfare state with employment-based benefits. The key factors are politically organized firms and labor unions. These interest...
Persistent link: https://www.econbiz.de/10010320232
Personal freedom is highly valued by many and a central element of liberal political philosophy. Although personal freedom is frequently associated with electoral democracy, developments in countries such as Hungary, Poland, Turkey and Russia, where elected populist leaders with authoritarian...
Persistent link: https://www.econbiz.de/10012145494
I construct a model of public policy development, and use the model to explain why the United States has a comparatively small public sector, but instead a large "private welfare state" with employment-based benefits. The key factors are politically organized firms and labor unions. These...
Persistent link: https://www.econbiz.de/10014191309
We study the effect of taxation on entrepreneurship, taking into account both the amount of entry and the quality of … likelihood of entry into self-employment, may underestimate the adverse effect of taxation. …
Persistent link: https://www.econbiz.de/10010320286
We compile data spanning the period 1900-2014 and up to 30 countries to study long-run patterns in the tax elasticity of top incomes. Our results show that top tax elasticities vary tremendously over time; they were medium-to-low before 1950, virtually zero during the postwar era up to 1980 and...
Persistent link: https://www.econbiz.de/10011917036
This paper analyzes how the possibility to complement social income insurance schemes with private insurance affects the political support for social insurance. It is shown that political support for social insurance is weakly decreasing in the replacement rate. Policy makers seeking to maintain...
Persistent link: https://www.econbiz.de/10010335634
effects on preferences for redistribution of correcting faulty beliefs. We implement a tailor-made survey in Sweden and … income position. Respondents who learn that they are richer than they thought demand less redistribution and increase their … altruism or moral values about redistribution. Moreover, the effect can be reconciled by people with political preferences to …
Persistent link: https://www.econbiz.de/10010504492
This paper studies whether the degree of women's representation in Swedish local councils affects local public expenditure patterns. Theoretically, the individual preferences of elected representatives may have an impact on public expenditure if full policy commitment is not feasible. To...
Persistent link: https://www.econbiz.de/10010320133
This study presents an improvement of the King-Fullerton framework for calculating the marginal effective tax rate (METR) for active owners of closely held corporations in a dual income tax system with income splitting rules. The original King and Fullerton model was not modeled to incorporate...
Persistent link: https://www.econbiz.de/10014278433