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effects on people's preferences for redistribution. In areas with larger inflows in the 1940s, people have substantially … higher demand for redistribution more than 50 years later …
Persistent link: https://www.econbiz.de/10012912247
arguments of return dominance. A heavily cited reason for this is redistribution. One aspect that is rarely considered, however …, is that the positive correlation between income and longevity may mitigate or even reverse redistribution. Augmenting a … in survival and/or confounded factors in income and health. Mitigated or reversed redistribution combined with choice …
Persistent link: https://www.econbiz.de/10013220660
(re-)distribution associated with the government's provision of public goods and services. Third, generational accounting …
Persistent link: https://www.econbiz.de/10013226174
We study the politics of intergenerational redistribution in an overlapping generations model with short …
Persistent link: https://www.econbiz.de/10013227041
second generation. The paper characterizes the determinants of the equilibrium intergenerational redistribution carried out … redistribution. The key features of the model are heterogeneity within each generation and altruism across generations …
Persistent link: https://www.econbiz.de/10013228741
Most models of family transfers consider only two generations and focus on two motives: altruism and exchange. They also assume perfect substitution between inter vivos financial transfers and bequests to children. On the contrary, this survey of recent developments in the literature emphasizes...
Persistent link: https://www.econbiz.de/10014023664
In this paper, we characterize the relationship between the initial distribution of human capital and physical inheritances among individuals and the long-run distribution of these two variables. In a model with indivisible investment in education, we analyze how the initial distribution of...
Persistent link: https://www.econbiz.de/10013138656
, while for sufficiently high rates it is negative. Additionally, income redistribution to the young will normally have …
Persistent link: https://www.econbiz.de/10013141710
Many EU states have adjusted pension benefits or reformed the pension system in reaction to the recent economic crisis, while other member states have postponed this type of adjustments. In this paper we analyse the welfare effects of these different reactions to the crisis in an economic union....
Persistent link: https://www.econbiz.de/10013118091
This study develops an income tax competition framework in an overlapping generations economy and examines the economic impact of labor market integration. With two types of labor possessing varied ability levels and a perfectly mobile capital stock, local governments compete for labor and...
Persistent link: https://www.econbiz.de/10014357439