Borck, Rainald - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005
This paper surveys models of voting on redistribution. Under reasonable assumptions, the baseline model produces an … equilibrium with the extent of redistributive taxation chosen by the median income earner; if the median is poorer than average …, redistribution is from rich to poor. Increasing inequality increases redistribution. However, under different assumptions about the …