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distribution of risks inside society, the Liberal system wins if the inequality of income is low, and the Beveridgean system wins … if the inequality of income is high. Using a utilitarian criterion, the Beveridgean system always dominates and the …
Persistent link: https://www.econbiz.de/10010635025
In this paper we investigate the relationship between inequality and the environment in a growing economy from a … and show that inequality is harmful for the environment : the poorer the median voter relative to the average individual …
Persistent link: https://www.econbiz.de/10010750774
Using a capital-skill complementarity technology, we analytically show that an increase in the direct redistributivity of Pay-As-You-Go (PAYG) pension systems has a positive impact on wages and on wage inequalities. We also show that life expectancyinequalities play an important role in the...
Persistent link: https://www.econbiz.de/10009643777
In this paper we study the macroeconomic impact of a policy which changes the redistributive properties of an unfunded pension system. Using an overlapping generations model with a closed economy and heterogenous agents, we show that a weaker linkbetween contributions and benefits has an impact...
Persistent link: https://www.econbiz.de/10009643779
social fragmentation is often associated with greater inequality, which, as Olson pointed out, may be beneficial to … fragmentation and ethnically based patronage. Given that both patronage and inequality are common in developing countries, it is …
Persistent link: https://www.econbiz.de/10010738478
A vast recent literature has stressed social fragmentation's negative impact on the provision of public goods. It has been established theoretically that social fragmentation engenders discord and thereby undermines public goods provision. Empirical research has produced mixed results about this...
Persistent link: https://www.econbiz.de/10010603677
margins for 17 EU countries and the US. Using the same data, inequality aversion is measured as the degree of redistribution …We analyze to which extent social inequality aversion differs across nations when control ling for actual country … supply elasticities across countries. However, this changes the cross-country ranking in inequality aversion compared to …
Persistent link: https://www.econbiz.de/10010933830
We show the existence of a twin peaks relation between trust and the size of the welfare state that stems from two opposing forces. Uncivic people support large welfare states because they expect to benefit from them without bearing their costs. But civic individuals support generous benefits...
Persistent link: https://www.econbiz.de/10010933915
. Measuring individualism and the demand for redistribution by questions of the General Social Survey (GSS), we show that: (i …) individuals living in states with mineral resources are more individualistic and support less redistribution by the government … ; (ii) the higher the number of mines in a states, the lower the support for governmental redistribution and the higher the …
Persistent link: https://www.econbiz.de/10010930183
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10010930209