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We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
Persistent link: https://www.econbiz.de/10011262883
with a range of political economy outcomes -- civil conflict, redistribution, economic growth and the provision of public …, originating thousands of years ago, lead to measures of diversity that are better predictors of civil conflict and redistribution …
Persistent link: https://www.econbiz.de/10008566319
-stock companies, but the vast majority of the industrial capital stock in Germany before 1914 was accounted for by firms which were …
Persistent link: https://www.econbiz.de/10005666769
This paper develops a simple theoretical model that can be implemented to estimate the willingness to pay for distributive justice. We derive a formula that allows one to recover the willingness to pay for distributive justice from the estimated coefficients of a probit regression and fiscal...
Persistent link: https://www.econbiz.de/10005792214
redistributive taxation. In a formal model of redistribution with international migration and fiscal competition we derive the main …
Persistent link: https://www.econbiz.de/10005082539
in the population who interacts with a (richer) agenda setter in Congress in setting redistribution. While the setter … managed to cap redistribution in the pre-war period, the War itself pushed up the status-quo tax burden, raising the … bargaining power of the median voter as defense spending receded. This raised the equilibrium level of redistribution. The higher …
Persistent link: https://www.econbiz.de/10008477176
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
Persistent link: https://www.econbiz.de/10005123628
inflation-reduction policy. The central idea is that the decision on membership of the union leads to a redistribution between …
Persistent link: https://www.econbiz.de/10005123670
The answer to the question posed in the title is ‘yes’. Using a total of 128,106 answers to a survey question about ‘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....
Persistent link: https://www.econbiz.de/10005123800
In this Paper, we study the role of subsidies to fertility in ensuring the political viability of unfunded social security (SS). In our model, agents are heterogeneous in age and income. Young generations confront promises made previously by older generations, and in turn choose current levels...
Persistent link: https://www.econbiz.de/10005123867