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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
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
. 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/10009325722
In this paper, we highlight the link between the political demand and social policy outcome while taking into account the design of the party system. The political demand is measured by indivudual preferences and the design of the party system is defined as the extent of party fractionalization....
Persistent link: https://www.econbiz.de/10010738668
redistribution. The rich compare less and are more happy than average when they do, which latter is consistent with relative income …
Persistent link: https://www.econbiz.de/10010738776
redistribution. Controlling for a number of factors usually found to impact individual preferences in the literature, we take the … egoistic motives for redistribution seriously and focus on the role played by the occupational status of individuals in shaping … be formed on the basis of their preferences for redistribution. Finally, (iii) we highlight differences between European …
Persistent link: https://www.econbiz.de/10010738889
lifetime welfare, has the undesirable corollary to recommend a redistribution of resources from short-lived to long …
Persistent link: https://www.econbiz.de/10010738941
citizens' support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy … face the same level of market development and economic inequality, as well as the same historically inherited politico …-economic culture. Democratic rights increase popular support for the market. This is true, in particular, of inequality-averse agents …
Persistent link: https://www.econbiz.de/10010739031
La structure, le poids et les effets redistributifs de la fiscalité indirecte en France sont mesurés en utilisant une nouvelle base de données construite à partir de l'Enquête Budget de famille 2001 de l'Insee. Pour chaque poste de dépense, les montants des différentes composantes de la...
Persistent link: https://www.econbiz.de/10010750497