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This paper analyzes the political economy of redistribution between two income groups in a dynamic economy and provides … redistribution and growth is non-monotonic. Moreover, it is shown that in the presence of investment indivisibilities in human … capital and missing capital markets, both the pressure for redistribution and the initial wealth distribution affect economic …
Persistent link: https://www.econbiz.de/10014068613
redistribution. The government of a two-party democracy is elected by altruistic voters and decides on a redistributive income tax … levels of redistribution and tax rates in the political equilibrium: (i) in-group altruism of the rich voters|which we refer …
Persistent link: https://www.econbiz.de/10012851417
This paper examines the political economy of redistribution when voters have asymmetric information about the …
Persistent link: https://www.econbiz.de/10012771452
of the unknown plays an important role in human decision making, including voting. This article describes a theoretical …
Persistent link: https://www.econbiz.de/10014179510
voting behavior and how this is affected by host countries. Using unique micro-data on Chilean expatriates living in Europe … exploit local transitory shocks to the cost of voting given by the rainfall on the day of the election. We find that migrants …
Persistent link: https://www.econbiz.de/10012650135
Persistent link: https://www.econbiz.de/10011433313
Ballot box voting is often considered the essence of political freedom. But it has two major shortcomings: individual … stake. "Voting with your feet," however, avoids both of these pitfalls and offers a wider range of choices. In Free to Move …, Ilya Somin explains how broadening opportunities for foot voting can greatly enhance political liberty for millions of …
Persistent link: https://www.econbiz.de/10012830789
Persistent link: https://www.econbiz.de/10011288448
Persistent link: https://www.econbiz.de/10012035237
Political economy models predict that the rich oppose redistribution, and hence vote for conservative parties. Although … Norwegian survey data, I study to what extent voting is caused by income. Unobserved characteristics correlated with income are … conservative voting persists when controlling for unobservables, the magnitude of the effect is reduced by a factor of five. To …
Persistent link: https://www.econbiz.de/10010284373