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aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of … an oligarchy adopting a mass-army may voluntarily decide to promise some amount of income redistribution to its citizens …-compatible redistribution, they may cope with the moral hazard problem of the citizens-soldiers only by relinquishing political power to them …
Persistent link: https://www.econbiz.de/10005822286
citizens’ support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy …Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … face the same level of market development and economic inequality, as well as the same historically inherited politico …
Persistent link: https://www.econbiz.de/10005822609
If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and … reduction reduces statis inefficiency. On the other hand, standard redistribution also reduces the level of R and D because it … that standard redistribution always dominates limitations to IPRs. …
Persistent link: https://www.econbiz.de/10005762372
claimed that "the more we target benefits at the poor, the less likely we are to reduce poverty and inequality". The basic … fact become a very weak one. For what it matters, targeting tends to be associated with higher levels of redistribution …
Persistent link: https://www.econbiz.de/10010884086
Recent discussions about rising inequality in industrialized countries have triggered calls for more government … intervention and redistribution. Due to obvious behavioral effects caused by redistribution, it is however not clear whether … redistributional policies are indeed able to combat inequality. This paper contributes to this relevant research question by using …
Persistent link: https://www.econbiz.de/10011279291
inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs …, and the demand for redistribution crucially depend on the level of income inequality and mobility. …
Persistent link: https://www.econbiz.de/10009246698
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to …
Persistent link: https://www.econbiz.de/10009246707
particular type. Under these conditions equilibrium redistribution increases in response to larger inequality. In a “clustered … depends on inequality. We contrast the predictions of the model with data on inequality, redistribution, work values and …In this paper we present a model of rational voting over redistribution where individual selfesteem and relative esteem …
Persistent link: https://www.econbiz.de/10005703141
successful in alleviating inequality and poverty. Focussing on taxes and cash transfers, this paper investigates the impact of … inequality and poverty. We present BRAHMS, a new tax-benefit microsimulation model for Brazil and illustrate its use by … evaluating the impact of policy on economic inequality. It is argued that microsimulation provides a valuable analytical tool for …
Persistent link: https://www.econbiz.de/10005703786
gradual reduction due to declining wealth inequality. A number of extensions to the basic model allow to match our theory with … century. We propose an explanation for these facts which is based on a dynamic political economy model where redistribution is … determined not only by wealth inequality but also by sectoral reallocation from agriculture to manufacturing. The model shows …
Persistent link: https://www.econbiz.de/10005822982