Showing 1 - 8 of 8
or societal laws benefiting religious citizens. Rising income inequality can, however, lead some of the rich to form a …
Persistent link: https://www.econbiz.de/10011262883
inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping …
Persistent link: https://www.econbiz.de/10005662063
in time. In politico-economic equilibrium, more inequality (in terms of the skewedness of the distribution) yields a …
Persistent link: https://www.econbiz.de/10005791379
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
reform that is funded by higher taxes on labour income while households with little wealth would prefer a reform that is … funded mostly by high taxes on initial wealth. Pareto improving reforms typically exist, but the welfare gains of such …
Persistent link: https://www.econbiz.de/10005792415
‘happiness’, we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … US. There are two potential explanations. First, Europeans prefer more equal societies (inequality belongs in the utility … ideological lines. There is evidence of ‘inequality generated’ unhappiness in the US only for a sub-group of rich leftists. In …
Persistent link: https://www.econbiz.de/10005123800
This Paper analyses an unusually conservative type of redistribution. We take land from the very rich, as usual, but give it to the rich instead of the poor. We show that this type of reform reduces agency costs, thus increasing productivity, total surplus in the economy, and workers’ welfare....
Persistent link: https://www.econbiz.de/10005124299
excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the ‘exporting’ of inequality across borders; and how this, in …
Persistent link: https://www.econbiz.de/10005661547