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with prospective voting. We show that inertia in policies, combined with sufficient uncertainty in election outcomes …
Persistent link: https://www.econbiz.de/10011971319
preferences, and social preferences robustly shape political attitudes and voting behavior in a particular way: Selfish subjects … less inclined to favor redistribution and they are more likely to self-assess themselves as right-wing than all the other …
Persistent link: https://www.econbiz.de/10011714571
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This paper attempts to explicitly integrate the idea of reference group when measuring relative deprivation. It assumes that in assessing her situation in society an individual compares herself with individuals whose environment can be considered as being similar to hers. By environment we mean...
Persistent link: https://www.econbiz.de/10014202779
redistribution. While theoretical papers show that income inequality increases redistribution, empirical studies fail to confirm the … the relationship between income inequality and redistribution. This paper also introduces three specifications to … pressure for redistribution, it also increases the incentive to reduce the efficiency of redistribution in order to constrain …
Persistent link: https://www.econbiz.de/10014205343
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voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged …
Persistent link: https://www.econbiz.de/10012965708
in fiscal redistribution across modern welfare states. Contrary to the assertion that there is robust evidence in support … than earnings) is positively associated with fiscal redistribution. In sum, revisiting an influential contribution to the … literature offers no support for the proposition that the structure of inequality has consequences for fiscal redistribution …
Persistent link: https://www.econbiz.de/10012890814
We incorporate the division of income between capital and labor into analysis on the relationship between inequality and growth. Using historical data, we document that changes in the top 1 % income shares are positively associated with subsequent growth of per capita GDP when the capital share...
Persistent link: https://www.econbiz.de/10013239632