imperfections make future earning a function of current resources. Combined with the politics of redistribution this creates the … potential for multiple steady-states, with mutually reinforcing high inequality and low redistribution, or vice-versa. Temporary …

We are motivated by the unique migration experience of Israel of a supply-side shock triggering skilled immigration and … the concurrent decline in welfare-state redistribution. This paper develops a model, which can provide an explanation for … the mechanism through which a supply-side shock triggering high-skill migration can also reshape the political …

more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter …

tax burden and less redistribution than without migration, even though the migrants (naturally) join the pro-tax cum …The extent of taxation and redistribution policy is generally determined at a political-economy equilibrium by a … balance between those who gain and those who lose from a more extensive tax-transfer policy. In a stylized model of migration …

redistribution in democratic societies. An infinite-horizon theoretical model is developed, and the properties of the equilibrium tax … experiment is conducted to test the main comparative static predictions of the theory, and the results are generally supportive …

rates, inequality, and income redistribution. We also extend that model to incorporate social preferences in the form of … by candidate competition. Fourth, we observe negligible deviations from labor supply behavior or voting behavior in the …

This paper argues that worker cooperatives are prone to redistribution among members, and that this redistribution …

We develop a dynamic political-economic theory of welfare state and immigration policies, featuring three distinct … voting groups: skilled workers, unskilled workers, and old retirees. The essence of inter- and intra …-generational redistribution of a typical welfare system is captured with a proportional tax on labor income to finance a transfer in a balanced …