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inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs … under the welfare state. We investigate bidimensional voting on the tax rates that determine the allocation of government …, and the demand for redistribution crucially depend on the level of income inequality and mobility. …
Persistent link: https://www.econbiz.de/10009246698
As an alternative to the conventional methods for measuring chronic poverty, this paper proposes an interpersonal comparable measure of permanent income as a basis for defining and measuring chronic poverty. This approach accounts for the fact that individuals regularly undertake inter-period...
Persistent link: https://www.econbiz.de/10005233735
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...
Persistent link: https://www.econbiz.de/10008543265
This paper proposes a two-step aggregation method for measuring long-term income inequality and income mobility, where mobility is defined as an equalizer of long-term income. The first step consists of aggregating the income stream of each individual into a measure of permanent income, which...
Persistent link: https://www.econbiz.de/10008543270
Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare analysis of mobility often fails, however, to account for the cost of the variability of periodic incomes around permanent incomes. This paper assesses the net welfare benefit of...
Persistent link: https://www.econbiz.de/10009149148
century. We propose an explanation for these facts which is based on a dynamic political economy model where redistribution is …
Persistent link: https://www.econbiz.de/10005822982
men or women. The impact of education on religiosity and voting preference is not working through migration, residential …
Persistent link: https://www.econbiz.de/10010884146
We examine the impact of political turnover on economic performance in a setting of largely unanticipated political change and profoundly weak institutions: the 2004 Orange Revolution in Ukraine. Exploiting census-type panel data on over 7,000 manufacturing enterprises, we find that the...
Persistent link: https://www.econbiz.de/10010959672
We consider the problem of sequential search when the decision to stop searching is made by a committee. We show that a symmetric stationary equilibrium exists and is unique given that the distribution of rewards is log concave. Committee members set a lower acceptance threshold than do...
Persistent link: https://www.econbiz.de/10005233765
. While the evidence for economic voting has historically been weak for Australia, the 2004 election suggests an increasingly …
Persistent link: https://www.econbiz.de/10005233791