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against general redistribution. As diversity increases further, however, these policies are not sustainable. There exists a … critical threshold of diversity above which the only policy that can emerge supports exclusively general redistribution. In …
Persistent link: https://www.econbiz.de/10005124358
and benefits of redistribution through taxes, land reform or public schooling: such policies simultaneously depress …
Persistent link: https://www.econbiz.de/10005123982
costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …
Persistent link: https://www.econbiz.de/10005124288
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and … reduction reduces statis inefficiency. On the other hand, standard redistribution also reduces the level of R&D because it … that standard redistribution always dominates limitations to IPRs. …
Persistent link: https://www.econbiz.de/10005791837
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
. In this paper, we analyze the implications of such a patriotic lock-in in a world with international migration and … 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
The paper presents evidence of an upward ratchet in transfers and taxes in the U.S. around World-War II. This finding … 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 …
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