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We explore the impact of the self-serving bias on the supply and demand for redistribution. We present results from an … experiment in which participants decide on redistribution after performing a real effort task. Dependent on individual … external factors. Participants take two redistribution decisions. First, they choose a supply of redistribution in a situation …
Persistent link: https://www.econbiz.de/10011434294
We examine whether and to what extent political institutions explain different performances in income redistribution … across countries. In particular, we first review available sources of data and measures of income redistribution, discussing … explanations of redistribution from resources and instruments, as well as supply side factors. We then provide empirical evidence …
Persistent link: https://www.econbiz.de/10011549384
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this …
Persistent link: https://www.econbiz.de/10011409838
typically led to an expansion in redistribution, at least in the small sample of episodes studied. Similarly, and more …
Persistent link: https://www.econbiz.de/10009781532
Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...
Persistent link: https://www.econbiz.de/10010354844
life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings …
Persistent link: https://www.econbiz.de/10012108653
This paper explores common trends in inequality and redistribution across OECD countries from the late 1980s to 2013 …. Most countries retreated from redistribution from the mid‐1990s until the onset of the Great Recession and compensatory … redistribution in response to rising unemployment was weaker in 2008‐13 than in the first half of the 1990s. As unemployment and …
Persistent link: https://www.econbiz.de/10011585191
This paper analyzes long run outcomes resulting from adopting a binding minimum wage in a neoclassical model with perfectly competitive labour markets and capital accumulation. The model distinguishes between workers of heterogeneous ability and capitalists who do all the saving, and it entails...
Persistent link: https://www.econbiz.de/10010428828
The debate on whether democracy and inequality increase the level of redistribution in a country is still ongoing. We … construct a model that predicts a higher probability of redistribution in democracies than in autocracies. Further, with higher … initial inequality, there should be more redistribution in democracies but not necessarily in autocracies. We test these …
Persistent link: https://www.econbiz.de/10010528158
Persistent link: https://www.econbiz.de/10012200418