Showing 1 - 10 of 55
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10005765637
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10010264448
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 the pros and cons of each one. Second, we outline a...
Persistent link: https://www.econbiz.de/10011555579
This paper empirically examines to what extent political factors explain different performances in income redistribution in countries that vary in terms of size of the public sector, tax systems, political institutions and governance. In line with the theory, we use the difference in the ex ante...
Persistent link: https://www.econbiz.de/10010969028
In Italy, the Regular Grant is the most important subsidy to private cultural institutions. Since 1996, law 534/96 has regulated its provision. This law greatly improves on the previous legislation, as it redefines the prerequisites to become a recipient and specifies performance indicators to...
Persistent link: https://www.econbiz.de/10005673641
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 the pros and cons of each one. Second, we outline a...
Persistent link: https://www.econbiz.de/10011549384
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given level...
Persistent link: https://www.econbiz.de/10005405824
The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence.Our reading of the literature suggests that formal...
Persistent link: https://www.econbiz.de/10005405913
The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the standard legitimization of redistribution as fundamental...
Persistent link: https://www.econbiz.de/10005406042
The paper investigates the consequences of outsourcing of labor intensive activities to low-wage economies. This trend challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance markets are missing. The main results are: (i)...
Persistent link: https://www.econbiz.de/10005406211