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This paper characterizes a stationary Markov perfect political equilibrium where agents vote over income taxation that distorts their educational investment. Agents become rich or poor through educational investment, and the poor have a second chance at success. The results show the following...
Persistent link: https://www.econbiz.de/10005248640
This paper explores how a trust in government shared by neighbors is associated with individual preferences for income redistribution and individual perceptions regarding income tax burden. Three measures for trust in government are used: “trust in ministries and government agencies”,...
Persistent link: https://www.econbiz.de/10011258693
This paper explores how individual preferences for income redistribution are influenced by social capital, which is measured by rates of participation in community activities. I combined individual-level data and place of residence data to examine how social capital accumulated in residential...
Persistent link: https://www.econbiz.de/10009216348
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010720124
This paper explores how individual preferences for income redistribution are influenced by social capital, which is measured by rates of participation in community activities. Individual-level data and place of residence data were combined to examine how social capital accumulated in residential...
Persistent link: https://www.econbiz.de/10009647437
Distributive analysis typically involves comparisons of distributions where individuals differ in more than just one attribute. In the particular case where there are two attributes and where the distribution of one of these two attributes is fixed, one can appeal to sequential rank order...
Persistent link: https://www.econbiz.de/10010628223
This paper explores how social capital influences individual preferences for income redistribution. Social capital is measured by participation in community activities. After controlling for individual characteristics, I find that people are more likely to express preferences for income...
Persistent link: https://www.econbiz.de/10010588381
The generalised Lorenz criterion is widely used for making welfare comparisons within and across countries on the basis of their income distributions. Experimental studies have challenged this way of proceeding by showing that the principle of transfers, which underlies the generalised Lorenz...
Persistent link: https://www.econbiz.de/10010572266
Do preferences for income inequality differ systematically between the post-socialist countries of Central and Eastern Europe and the Western established market economies? This paper analyses 1999 data from a large international survey to address this question. In particular, we examine whether...
Persistent link: https://www.econbiz.de/10010985066
Using newly comprehensive data and tools from the Global Consumption and Income Project or CGIP, covering most of the world and five decades, we present a portrait of the changing global distribution of consumption and income and discuss its implications for our understanding of inequality,...
Persistent link: https://www.econbiz.de/10011274876