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inequality translates into greater redistribution by shaping the median voter's preferences. While numerous papers have tested … this proposition, the literature has remained divided over the appropriate measure for redistribution. Revisiting the … redistribution should increase in line with inequality. An empirical test based on 110 observations from the Luxembourg Income Study …
Persistent link: https://www.econbiz.de/10013080352
inequality translates into greater redistribution by shaping the median voter’s preferences. While numerous papers have tested … this proposition, the literature has remained divided over the appropriate measure for redistribution. Revisiting the … redistribution should increase in line with inequality. An empirical test based on 110 observations from the Luxembourg Income Study …
Persistent link: https://www.econbiz.de/10014166967
do find that the middle income groups gain more/or lose less through redistribution in countries where initial (factor … beneficiaries of redistribution nor that the existing tax and transfer system are optimal from their perspective (in the sense that …
Persistent link: https://www.econbiz.de/10014193137
less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10010258037
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I …
Persistent link: https://www.econbiz.de/10005835397
redistribution inflicts a persistent damage on the economy and thus reduces agents' future earning possibilities prevents the poor …, but relate such changes to agents' rational investment decisions. -- political economy ; inequality ; redistribution of …
Persistent link: https://www.econbiz.de/10009491074
We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies … that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution … in democracies. In democratic settings, generic redistribution games lack equilibria. Structure-inducing rules that give …
Persistent link: https://www.econbiz.de/10012977205
We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution … the net gain that low-skill agents obtain from income redistribution, which only the Left (but not the Right) can credibly … right-wing party. The comparative statics analyzes the effects of state capacity, a positive bias of voters for one party …
Persistent link: https://www.econbiz.de/10009535765
Persistent link: https://www.econbiz.de/10009720972
redistribution in 34 European countries over the period 2002-2012. The data is drawn from the six available waves of the European … redistribution over time. Though this result is predicted by standard political economy models, it has found little previous … redistribution. The empirical results hold after performing a variety of robustness checks regarding the construction of pseudo …
Persistent link: https://www.econbiz.de/10011417134