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The Dynamics of Exclusion and Fiscal Conservatism
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994
This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the …, inequality will then be associated with less, rather than more, redistributive taxation. Furthermore, if the poor are liquidity … constrained then the positive association between inequality and fiscal conservatism will increase the persistence in the dynamics …
Persistent link: https://www.econbiz.de/10005136638
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The Distributional Consequences of Russia's Transition
Doyle, Christopher - C.E.P.R. Discussion Papers - 1993
rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …
Persistent link: https://www.econbiz.de/10005498039
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What is the Domain of the Welfare State?
Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
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Sharing High Growth Across Generations: Pensions and Demographic Transition in China
Song, Zheng Michael; Storesletten, Kjetil; Wang, Yikai; … - C.E.P.R. Discussion Papers - 2012
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …
Persistent link: https://www.econbiz.de/10011083803
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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
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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
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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
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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
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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
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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