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Redistribution is an inevitable feature of collective pension schemes. Nevertheless, it is still an open question what … people’s preferences are regarding this form of redistribution. This paper reviews experimental evidence on preferences … regarding redistribution and asks what this evidence tells us about preferences for redistribution through pension schemes. We …
Persistent link: https://www.econbiz.de/10008498990
. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
Persistent link: https://www.econbiz.de/10009324089
of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility … perceived and the actual fairness of the income generation process affects this association. Building on a simple model of …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
would be expected from non-cooperative theory. Second, this possible solidarity among ‘brothers in arms’ when fighting …
Persistent link: https://www.econbiz.de/10008833917
When based on perceived rather than on objective income distributions, the Meltzer-Richards hypothesis and the POUM … and the extent of redistribution in democratic regimes – though such a link does not exist when objective measures of …
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
shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic … transfers over this period is taken into account. We show that the increase in capital’s share of total income and the presence …
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
In this paper we provide a novel justification for the use of minimum wage rules to supplement the optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage rule can be...
Persistent link: https://www.econbiz.de/10010877848
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but … parliamentary regimes) on the extent and direction of income (re-) distribution. Empirical evidence is presented for a large sample … also with a more equal primary income distribution. Our evidence also is in line with earlier empirical contributions that …
Persistent link: https://www.econbiz.de/10010877914