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Voting on Public Goods : Citizens vs. Shareholders
Döttling, Robin; Levit, Doron Y.; Malenko, Nadya; … - National Bureau of Economic Research - 2024
technologies that increase investor diversification or enable pass-through voting have important implications for these trade …
Persistent link: https://www.econbiz.de/10014576634
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Fiscal Federalism and the Role of the Income Tax
Gordon, Roger H. - National Bureau of Economic Research - 2023
This paper rethinks the design of the income tax by assuming that the objective of the tax is not to redistribute from rich to poor but instead to provide some insurance to individuals against the uncertainties they face in their future earnings, a motivation for the tax proposed in Buchanan...
Persistent link: https://www.econbiz.de/10014421180
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Optimal Income Taxation
Kaplow, Louis - National Bureau of Economic Research - 2022
This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and prospects for advancement. Throughout, the analysis highlights paths for further investigation....
Persistent link: https://www.econbiz.de/10013334417
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The Political Effects of Immigration : Culture or Economics?
Alesina, Alberto; Tabellini, Marco - National Bureau of Economic Research - 2022
, trigger backlash, increasing support for anti-immigrant parties and lowering preferences for redistribution and diversity …
Persistent link: https://www.econbiz.de/10013210107
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Whose Preferences Matter for Redistribution : Cross-country Evidence
Maréchal, Michel André; Cohn, Alain; Yusof, Jeffrey; … - National Bureau of Economic Research - 2023
redistribution among citizens from different socioeconomic backgrounds and the actual extent of government redistribution. Our focus … on redistribution arises from the inherent class conflicts it engenders in policy choices, allowing us to examine whose … realized redistribution. This finding contradicts the expectations of both leading experts and regular citizens …
Persistent link: https://www.econbiz.de/10014447295
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Bayesian Persuasion with Lie Detection
Ederer, Florian; Min, Weicheng - National Bureau of Economic Research - 2022
How does lie detection constrain the potential for one person to persuade another to change her action? We consider a model of Bayesian persuasion in which the Receiver can detect lies with positive probability. We show that the Sender lies more when the lie detection probability increases. As...
Persistent link: https://www.econbiz.de/10013210093
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Why Did Putin Invade Ukraine? A Theory of Degenerate Autocracy
Egorov, Georgij V.; Sonin, Konstantin - National Bureau of Economic Research - 2023
Many, if not most, personalistic dictatorships end up with a disastrous decision such as Hitler's attack on the Soviet Union, Hirohito's government launching a war against the United States, or Putin's invasion of Ukraine in February 2022. Even if the decision is not ultimately fatal for the...
Persistent link: https://www.econbiz.de/10014250204
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Public Information as a Source of Disagreement Among Shareholders
Bouton, Laurent; Llorente-Saguer, Aniol; Macé, Antonin; … - National Bureau of Economic Research - 2022
. Second, when voting is not fully informative, homogeneous shareholders will seek to generate informational rents from trading …
Persistent link: https://www.econbiz.de/10013477249
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Competitive Capture of Public Opinion
Alonso, Ricardo; Padró i Miquel, Gerard - National Bureau of Economic Research - 2023
We propose a general equilibrium model where two special interest groups (SIGs) compete to influence public opinion. Citizens with heterogeneous priors over a binary state of the world receive reports drawn from a continuous message space by a variety of sources. The two opposite SIGs attempt to...
Persistent link: https://www.econbiz.de/10014322801
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Information Aggregation in Stratified Societies
Agranov, Marina; Eilat, Ran; Sonin, Konstantin - National Bureau of Economic Research - 2023
which the median voter follows the elite's advice. A higher cost of redistribution minimizes the elite's information …
Persistent link: https://www.econbiz.de/10014322896