Showing 1 - 10 of 147
This paper studies the impact of the competition between lobbies and voters on policy outcomes under alternative legislative procedures. Lobbies and citizens have opposing interests in a public policy and offer money and votes, respectively, to legislators to obtain their preferred policy....
Persistent link: https://www.econbiz.de/10010928625
the probabilistic voting model in political economy. Effects persist after the cash transfer program ends. We estimate …
Persistent link: https://www.econbiz.de/10010745876
political knowledge has a sizeable influence on the probability of voting and that mass media play an important role in …
Persistent link: https://www.econbiz.de/10010746429
In a symmetric information voting model, an individual (information controller) can influence voters’ choices by …-unanimous voting rule, she exploits voters’ heterogeneity by designing a signal with realizations targeting di↵erent winning …-coalitions. Consequently, under simple-majority voting rule, a majority of voters might be strictly worse o↵ due to the controller’s influence …
Persistent link: https://www.econbiz.de/10011126416
Public provision of private goods such as education is usually viewed as a form of redistribution in kind. However …, does it arise when income redistribution is feasible as well? In this paper I analyse a two-dimensional model of political … decision making. Society has to choose both the tax rate and the allocation of the revenues between income redistribution and …
Persistent link: https://www.econbiz.de/10010744923
rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using … attitudinal data. We show that the demand for redistribution, having shown considerable variation over time, is at an all-time low …
Persistent link: https://www.econbiz.de/10010744970
low, the equilibrium policy is characterized by some amount of general income redistribution and some targeted transfers … interest groups and against general redistribution. As diversity increases further, however, only general redistribution …
Persistent link: https://www.econbiz.de/10011071391
With income distributions it is common to encounter the problem of missing data. When a parametric model is fitted to the data, the problem can be overcome by specifying the marginal distribution of the observed data. With classical methods of estimation such as the maximum likelihood (ML) an...
Persistent link: https://www.econbiz.de/10010928590
We provide, for the class of relative bidimensional inequality indices, a decomposition of inequality into two univariate Atkinson-Kolm-Sen indices and a third statistic which depends on the joint distribution of resources.
Persistent link: https://www.econbiz.de/10010928684
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to overall inequality in Greece. It is also shown that there...
Persistent link: https://www.econbiz.de/10010928797