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I propose a framework in which individual political participation can take two distinct forms, voting and contributing … recognized by all agents. I then use the framework to reassess the relationship between inequality and redistribution. The model … shows that, even though each contribution has a negligible impact, the interaction between contributions and voting leads to …
Persistent link: https://www.econbiz.de/10010574319
Standard majority-voting models predict that redistribution is positively linked to the mean-to-median income ratio but … important to consider the source of rising mean-to-median ratios. Income growth of the poor can lead to less redistribution as … more agents perceive themselves to be rich, which tends to reduce the support for redistribution. An empirical application …
Persistent link: https://www.econbiz.de/10010864714
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda …. Support for redistribution may also be affected by altruistic and egalitarian preferences, but knowledge about the … redistribution in a broad sample of the Swiss population. Based on a recently developed non-parametric clustering procedure, we …
Persistent link: https://www.econbiz.de/10012154186
We present the first economic experiment on bandwagon behavior in voting. Subjects are given an individual endowment … that the voting behavior differs across treatments in a way that is consistent with bandwagon voting. They also confirm the … importance of instrumental motives and – unlike the majority of previous experiments – find support for expressive voting motives …
Persistent link: https://www.econbiz.de/10010747610
) countries in Central and Eastern Europe (CEE) during the period 2005–2010. It employs (individual) voting records of the … indicators and voting records. Recent evidence for the monetary policy committees of advanced economies (see Besley et al., 2008 …
Persistent link: https://www.econbiz.de/10010588385
A set of voters consults experts before voting over two alternatives. Experts observe private signals about the values … of the alternatives and can reveal their information or conceal it, but cannot lie. We examine how disclosure and voting … vary with preference biases, signal precision, and the voting rule. Unanimity rule can lead to greater information …
Persistent link: https://www.econbiz.de/10010616897
Does information about rampant political corruption increase electoral participation and the support for challenger parties? Democratic theory assumes that offering more information to voters will enhance electoral accountability. However, if there is consistent evidence suggesting that voters...
Persistent link: https://www.econbiz.de/10011084114
Protectionism enjoys surprising popular support, in spite of deadweight losses. At the same time, trade barriers appear to decline with public information about protection. This paper develops an electoral model with heterogeneously informed voters which explains both facts and predicts the...
Persistent link: https://www.econbiz.de/10009399721
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under-invest in education, whose returns...
Persistent link: https://www.econbiz.de/10011084642
Persistent link: https://www.econbiz.de/10014532140