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This article presents a novel explanation why demand for redistribution on average does not respond to information on … observed unresponsiveness of demand for redistribution may result because the group which drives the effect on beliefs does not … increase demand for redistribution and may even decrease it. Indeed, despite the strong perception shift in the high …
Persistent link: https://www.econbiz.de/10014321511
This article presents a novel explanation why demand for redistribution on average does not respond to information on … observed unresponsiveness of demand for redistribution may result because the group which drives the effect on beliefs does not … increase demand for redistribution and may even decrease it. Indeed, despite the strong perception shift in the high …
Persistent link: https://www.econbiz.de/10014321966
We study how the allocation of government expenditures between two major outlays - education and pay-as-you-go social security - affects human capital distribution in an economy with heterogeneous agents. We consider an overlapping generations economy where the government maintains both...
Persistent link: https://www.econbiz.de/10014076585
swayed cohorts. Ex post redistribution to lower incomes still leads to an outcome that from an ex ante point of view is …
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