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The authors set up a political economy equilibrium framework for personal income distribution. Located in status theory, their concept is able to explain what justifies a certain or optimal degree of inequality in the society. The authors present an empirical analysis of personal income...
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We analyze the roots of politicians' preferences for redistribution by exploring whether early life experiences have … recession during early adulthood affected their positions on redistribution-specific bills during the period 1957-2014. We find … that politicians who experienced a recession hold more conservative positions on redistribution, even compared to members …
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Since early 90s, the issue of income convergence across regions has been widely discussed in a number of papers, both looking at long-term tendencies and trying to establish the role played by several socio-economic determinants. Much less attention has instead been devoted to the analysis of...
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