Showing 1 - 10 of 41
will tend to be higher in countries with higher inequality and with greater pro-rich bias in the political system …. Conversely, the use of income tax will be higher in countries with lower inequality and less pro-rich bias. The model also … predicts that although inequality and political bias will have an impact on the composition of revenue, it will have no effect …
Persistent link: https://www.econbiz.de/10005797253
rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using …
Persistent link: https://www.econbiz.de/10005151062
Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where any group that exerts sufficient fighting effort can...
Persistent link: https://www.econbiz.de/10009649750
ethnic groups, group sizes, income inequality, and expropriable resources. …
Persistent link: https://www.econbiz.de/10005797258
How does measured performance at university affect labor market outcomes? We show that degree class - a coarse measure of student performance used in the UK - causally affects graduates' industry and hence expected wages. To control for unobserved ability, we employ a regression discontinuity...
Persistent link: https://www.econbiz.de/10011146148
This paper tests if gender-discrimination in grading affects pupils' achievements and course choices. I use a unique dataset containing grades given by teachers, scores obtained anonymously by pupils at different ages, and their course choice during high school. Based on double-differences, the...
Persistent link: https://www.econbiz.de/10011213429
As thousands of undergraduates across the UK take their exams, a study by Andy Feng and Georg Graetz reveals the importance of the results for subsequent earnings - specifically the value of a First compared with an Upper Second and the difference between an Upper Second and a Lower Second.
Persistent link: https://www.econbiz.de/10010671184
Is it in politicians' interest to focus policy on subjective well-being (SWB)? Many governments and international organisations have recently begun to measure progress at least partly in terms of the population's SWB or "happiness". This paper investigates the extent to which citizens themselves...
Persistent link: https://www.econbiz.de/10011252643
We study theoretically and empirically whether natural resource windfalls affect political regimes. We document the following regularities. Natural resource windfalls have no effect on the political system when they occur in democracies. However, windfalls have significant political consequences...
Persistent link: https://www.econbiz.de/10009367445
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. While the implications of upward mobility for the political preferences of forward-looking voters have been...
Persistent link: https://www.econbiz.de/10009398284