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inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary …
Persistent link: https://www.econbiz.de/10010486797
. The standard theory assumes that more unequal income distribution will create a majority for more redistribution (Meltzer …
Persistent link: https://www.econbiz.de/10011399685
. The standard theory assumes that more unequal income distribution will create a majority for more redistribution (Meltzer …
Persistent link: https://www.econbiz.de/10013320844
We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...
Persistent link: https://www.econbiz.de/10013048895
This paper surveys the literature on the political economy of social security. We review models that address the following questions: (i) Why do social security programs that transfer resources from young and middle-aged workers to the elderly exist? (ii) What are the economic and political...
Persistent link: https://www.econbiz.de/10014071304
Basic income benefits cover recipients' actual heating expenses as long as they are not unusually high. In contrast, their electricity expenses are only covered via a lump sum at the standard rate. Thus, basic income recipients have weaker incentives for reducing their heating expenses than for...
Persistent link: https://www.econbiz.de/10014249829
This paper explores the determinants of individual level support for income redistribution by the government. It argues … that there are two sources of preference formation when it comes to redistribution. People are either in favor of income … redistribution because they are disadvantaged, or they favor redistribution as a means to insure against income shocks. The paper …
Persistent link: https://www.econbiz.de/10010307092
on how risk exposure and income are related to preferences for redistribution. To test our hypotheses, we extract … turn our attention to the supply side of government redistribution. Institutions, we argue, mediate governments’ reactions … auch die Angebotsseite von Umverteilung zu analysieren. Wie entstehen Umverteilungs-Präferenzen in der Bevölkerung? Welche …
Persistent link: https://www.econbiz.de/10010307102
-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve …-led redistribution to the poor. These patterns suggest that short-run inequality shocks can be reinforced in the labor market but do not … result in weaker political preferences for redistribution. …
Persistent link: https://www.econbiz.de/10012148202
in line with our theory. …
Persistent link: https://www.econbiz.de/10010278900