improves the workers' outside options. Only if the latter become sufficiently attractive will redistribution induce some … upper limit for the generosity of the welfare state below which redistribution becomes less instead of more distortive …. -- offshoring : import competition ; wage bargaining ; oligopoly ; redistribution …

' domestic outside options. Only if the latter become sufficiently attractive will redistribution induce some offshoring, and it … for the generosity of the welfare state below which redistribution becomes less instead of more distortive. -- offshoring … ; import competition ; wage bargaining ; oligopoly ; redistribution …

Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics … model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs … and delayed gains. The model shows that impatient individuals may reject further globalization if they are subject to …