Showing 1 - 10 of 2,309
IPCC (2022) documents a looming gap between climate goals and implemented policies and points to a lack of political commitment. We study policymakers' incentives to commit. A policymaker decides on a policy to encourage citizens to make investments and determines the degree of flexibility to...
Persistent link: https://www.econbiz.de/10014369623
The upward co-movement of income inequality and partisan polarization in the U.S. is typically attributed to intensified class conflict or a political wealth bias. This paper formalizes a theory of polarization where changes in the income distribution do not affect citizens' policy preferences,...
Persistent link: https://www.econbiz.de/10014141820
. Redistribution to real co-players has a negative effect on the median voter's tax rate choice. Further, perceived income mobility … decreases the desired amount of redistribution. Our results suggest the importance of concerns about own mobility as well as …
Persistent link: https://www.econbiz.de/10013122867
. Redistribution to real co-players has a negative effect on the median voter's tax rate choice. Further, perceived income mobility … decreases the desired amount of redistribution. Our results suggest the importance of concerns about own mobility as well as … play a role in the political economy context. -- Redistribution ; other-regarding preferences ; median voter ; experiments …
Persistent link: https://www.econbiz.de/10009407744
We investigate redistributive taxation in a political economy experiment and determine how different patterns of social … attributed to social or other-regarding preferences. -- Median voter ; redistribution ; social mobility …
Persistent link: https://www.econbiz.de/10009409123
Persistent link: https://www.econbiz.de/10008933725
We study the effect of power sharing over income redistribution among different socio-economic groups in a model of …
Persistent link: https://www.econbiz.de/10011563113
In standard political economy models, voters are self-interested i.e. care only about own utility. However, the emerging evidence indicates that voters often have other-regarding preferences (ORP), i.e., in deciding among alternative policies voters care about their payoffs relative to others....
Persistent link: https://www.econbiz.de/10012723854
The celebrated relation between inequality and redistribution is based on selfish voters who care solely about own … redistribution. We reexamine the relation between inequality and redistribution, within a simple general equilibrium model, when … can lead to increased redistribution (which implies a countercyclical social spending to GDP ratio). Third, we show that …
Persistent link: https://www.econbiz.de/10012770856
We investigate redistributive taxation in a political economy experiment and determine how different patterns of social …
Persistent link: https://www.econbiz.de/10013131968