Showing 1 - 10 of 372
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10012469200
An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when … force making democracy less stable in societies with high social mobility: when the median voter expects to move up …
Persistent link: https://www.econbiz.de/10012456501
A majority of the world democracies are far from the benchmark of representative democracy. This paper presents a model … characterized by competitive elections. We show that the model can produce dynamics of transition into democracy without requiring …
Persistent link: https://www.econbiz.de/10012458113
This paper develops a politico-economic model for use in studying the role of intra-elite conflict in the simultaneous determination of a country's political regime, trade policy and income-tax-based redistribution scheme. Three socioeconomic groups are involved: two elite groups and workers,...
Persistent link: https://www.econbiz.de/10012459340
Empirical evidence on the relationship between democracy and economic reforms is limited to few reforms, countries, and … periods. This paper studies the effect of democracy on the adoption of economic reforms using a new dataset on reforms in the …-2004. Democracy has a positive and significant impact on the adoption of economic reforms but there is scarce evidence that economic …
Persistent link: https://www.econbiz.de/10012460542
Political competitiveness - which many interpret as the degree of democracy - can be modeled as a monopolistic …
Persistent link: https://www.econbiz.de/10012466008
This paper considers an economy in which policymakers with different preferences concerning fiscal policy alternate in office as a result of democratic elections. It is shown that in this situation government debt becomes a strategic variable used by each policymaker to influence the choices of...
Persistent link: https://www.econbiz.de/10012476760
In recent decades, democratic countries have signed hundreds of international environmental agreements (IEAs). Most of these agreements, however, are weak: they generally do not include effective enforcement or monitoring mechanisms. This is a puzzle in standard economic models. To study this...
Persistent link: https://www.econbiz.de/10012455712
In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...
Persistent link: https://www.econbiz.de/10012456444
International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate...
Persistent link: https://www.econbiz.de/10012467477