Showing 1 - 10 of 90
The relationship between inequality and redistribution is usually studied under the assumption that the government … expenditure). We show that inequality may have no discernible effect on the size of redistributive programs. …
Persistent link: https://www.econbiz.de/10005766155
fractionalization and group antagonism reduce the support for redistribution. Whereas within group inequality increases support for … redistribution, inequality between groups have the opposite effect. All these results hold even if a poor group is in majority. Using … increases and between group inequality decreases redistribution. …
Persistent link: https://www.econbiz.de/10005196186
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10005405824
appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … typically led to an expansion in redistribution, at least in the small sample of episodes studied. Similarly, and more … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10005405913
The relationship between inequality and redistribution is usually studied under the assumption that the government … expenditure). We study the effects of inequality on the size (and structure) of redistributive programs in both perfectly … case and that in the latter case an increase in inequality can be associated with a fall in the tax rate. We find also that …
Persistent link: https://www.econbiz.de/10005406280
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
hypothesis work quite well empirically: there exists a positive link between perceived inequality or perceived upward mobility … and the extent of redistribution in democratic regimes – though such a link does not exist when objective measures of … inequality and social mobility are used. These observations highlight that political preferences and choices might depend more on …
Persistent link: https://www.econbiz.de/10010877656
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution … the time when they choose a distribution rule and find that there is more redistribution behind a veil of ignorance than … under full information. However, the scope of redistribution is less sensitive towards the degree of uncertainty than …
Persistent link: https://www.econbiz.de/10010877661
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10010877730
This paper examines the question of achieving a societal consensus around redistributive policies. Its extent is measured by the degree of work participation among the different skill classes that populate the economy. This consensus is driven both by the material incentives and heterogeneous...
Persistent link: https://www.econbiz.de/10010877788