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Inequality, mobility and redistributive politics

Arawatari, Ryo; Ono, Tetsuo - In: Journal of Economic Theory 148 (2013) 1, pp. 353-375

This paper develops a model where income inequality and intergenerational mobility are jointly determined via redistributive politics. The model includes two key factors: accessibility of tertiary education for poor-born agents and multiple self-fulfilling expectations of agents. Given these...

Persistent link: https://www.econbiz.de/10010616899

Inequality, Mobility and Redistributive Politics

Arawatari, Ryo; Ono, Tetsuo - Graduate School of Economics, Osaka University - 2009

This paper develops a model where income inequality and intergenerational mobility are jointly determined via redistributive politics. The model includes two key factors: accessibility of tertiary education for poor-born agents and multiple, selffulfilling expectations of agents. Given these...

Persistent link: https://www.econbiz.de/10008623450

The Economics of Human Cloning

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2000

In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone’s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...

Persistent link: https://www.econbiz.de/10005762041

The Economics of Human Cloning

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2001

In this Paper, we analyse the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone's income can be appropriated by its model. Only people with the highest ability are cloned, while people at...

Persistent link: https://www.econbiz.de/10005792154

Social Security and Redistribution Within Generations in an Overlapping-Generations Model

Lorz, Oliver - Institut für Weltwirtschaft (IfW) - 1999

democracy with asymmetric information. The model considers not only redistribution between generations but also redistribution …, consumption levels are perfectly equalized within both generations. Second, a redistribution bias exists in favor of the old …

Persistent link: https://www.econbiz.de/10005818784

The Political Economy of Intra- and Intergenerational Redistribution with Asymmetric Information

Lorz, Oliver - Institut für Weltwirtschaft (IfW) - 1999

In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous …

Persistent link: https://www.econbiz.de/10005818844

Intergenerational Redistribution with Asymmetric Information: the Case of Non-Observable Savings

Lorz, Oliver - Institut für Weltwirtschaft (IfW) - 1999

This paper analyzes intergenerational redistribution in a 2-period overlapping-generations model of a representative … democracy. The model incorporates redistribution between generations and redistribution within generations, allowing for … political economy equilibrium is not Pareto-efficient. Redistribution results in equal consumption levels of individuals with …

Persistent link: https://www.econbiz.de/10005700602

Monetary policy and redistribution: What can or cannot be neutralized with Mirrleesian taxes

Gahvari, Firouz; Micheletto, Luca - Nationalekonomiska Institutionen, Uppsala Universitet - 2012

This paper develops an overlapping-generations model with heterogeneous agents in terms of earning ability and cash-in-advance constraint. It shows that tax pol- icy cannot fully replicate or neutralize the redistributive implications of monetary policy. While who gets the extra money becomes...

Persistent link: https://www.econbiz.de/10009651892

The Distributional Impact of COVID-19 Fiscal Policies on Households, with Emphasis on Da Nang City

World Bank Group - 2021

This note will examine the distributional and efficiency issues associated with the fiscal response to the COVID-19 (coronavirus) crisis in Da Nang city and nationally in Vietnam. More specifically, we look at the social assistance (cash transfer) programs. Did these programs efficiently reach...

Persistent link: https://www.econbiz.de/10012817519

The Distributional Impacts of Trade : Empirical Innovations, Analytical Tools, and Policy Responses

Engel, Jakob - 2021

Trade is a well-established driver of growth and poverty reduction.But changes in trade policy also have distributional impacts that create winners and losers. It is vital to understand and clearly communicate how trade affects economic well-being across all segments of the population, as well...

Persistent link: https://www.econbiz.de/10012603449