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Opportunistic Political Cycles: Test in a Young Democracy Setting

Akhmedov, Akhmed; Ravitchev, Alexei; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2003

, empirical literature has found fairly weak evidence of opportunistic political cycles. This Paper tests the theory in a decade … sizable and short-lived on average; (2) the magnitude of opportunistic cycles decreases with voters' rationality and awareness … incumbent governors. Our results confirm that maturity of democracy as well as rationality and awareness of the electorate are …

Persistent link: https://www.econbiz.de/10005662200

Inflation and Inequality

Albanesi, Stefania - C.E.P.R. Discussion Papers - 2002

Cross-country evidence on inflation and inequality suggests that they are positively correlated. I explore the …

Persistent link: https://www.econbiz.de/10005792380

Political Ideology and Economic Growth in a Democracy : The French Experience, 1871 - 2009

Facchini, François; Melki, Mickaël - HAL - 2012

This paper examines the influence of political ideology on economic growth in the French democracy since 1871. It does so by addressing three main issues : the property and the reliability of a political ideology index in the long-run, the robustness of the relationship between ideology and...

Persistent link: https://www.econbiz.de/10010635028

Flat Tax Reforms in the US: A Boon for the Income Poor

Díaz-Giménez, Javier; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2006

In this article we quantify the aggregate, distributional and welfare consequences of two revenue neutral flat-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We find that the less progressive reform brings about a 2.4%...

Persistent link: https://www.econbiz.de/10005662104

Social Mobility and the Demand for Redistribution: the POUM Hypothesis

Bénabou, Roland; Ok, Efe A - C.E.P.R. Discussion Papers - 1998

Even relatively poor people oppose high rates of redistribution because of the anticipation that they, or their children, may move up the income ladder. This ‘Prospect of Upward Mobility’ (POUM) hypothesis is commonly advanced to explain why democracies do not engage in large-scale...

Persistent link: https://www.econbiz.de/10005662178

Migration, the Quality of the Labour Force and Economic Inequality

Kahanec, Martin; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2008

Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...

Persistent link: https://www.econbiz.de/10005791628

Are Intellectual Property Rights Unfair?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003

If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...

Persistent link: https://www.econbiz.de/10005791837

Unequal Societies

Bénabou, Roland - C.E.P.R. Discussion Papers - 1996

redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future … high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political …

Persistent link: https://www.econbiz.de/10005792191

Inequality of Earnings

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1999

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the … possible rationale for recent inequality developments. …

Persistent link: https://www.econbiz.de/10005792213

Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs

Quah, Danny - C.E.P.R. Discussion Papers - 1997

This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an ‘emerging twin peaks’ in the cross-sectional...

Persistent link: https://www.econbiz.de/10005792305

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