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Left, Right, Left : Income, Learning and Political Dynamics

Morrow, John - 2013

The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...

Persistent link: https://www.econbiz.de/10012459164

Tax Aversion and the Social Contract in Africa

Robinson, James A. - National Bureau of Economic Research - 2022

Despite the low levels of taxation and public good provision in Africa, I provide evidence that a large proportion of Africans prefer lower taxation and fewer public goods. This cannot be explained by standard arguments about problems of accountability, governance or state capacity. Instead I...

Persistent link: https://www.econbiz.de/10013191019

The Second World War, Inequality and the Social Contract in England

Heldring, Leander; Robinson, James A.; Whitfill, Parker J. - National Bureau of Economic Research - 2022

What is the impact of warfare on inequality and the social contract? Using local data on bombing, the evolution of wealth inequality and vote shares for the Labour Party in England around World War II we establish two results. First, on average, we find no impact of bombing on inequality....

Persistent link: https://www.econbiz.de/10012814452

Inadequacy of Nation-Based and VaR-Based Safety Nets in the European Union

Kane, Edward J. - 2006

Considered as a social contract, a financial safety net imposes duties and confers rights on different sectors of the economy. Within a nation, elements of incompleteness inherent in this contract generate principal-agent conflicts that are mitigated by formal agreements, norms, laws, and the...

Persistent link: https://www.econbiz.de/10012466499

Inequality, Technology, and the Social Contract

Benabou, Roland - 2004

The distribution of human capital and income lies at the center of a nexus of forces that shape a country's economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...

Persistent link: https://www.econbiz.de/10012468322

Changing Social Contracts : Beliefs and Dissipative Inclusion in Brazil

Alston, Lee J. - 2012

Social contracts about inequality and redistribution are country-specific. We rely on a model of inequality and redistribution where multiple steady states can emerge in given country. We link the model to the recent literature on beliefs and argue that beliefs are a major determinant of which...

Persistent link: https://www.econbiz.de/10012460073

Investor Ideology

Bolton, Patrick - 2019

We estimate institutional investor preferences based on their proxy voting records in publicly listed Russell 3000 firms. We employ a spatial model of proxy voting, the W-NOMINATE method for scaling legislatures, and map institutional investors onto a left-right dimension based on their votes...

Persistent link: https://www.econbiz.de/10012479668

Moral Universalism and the Structure of Ideology

Enke, Benjamin - 2020

paper proposes that what partly explains the structure of ideology is moral universalism: the extent to which people …

Persistent link: https://www.econbiz.de/10012481366

The Seeds of Ideology : Historical Immigration and Political Preferences in the United States

Giuliano, Paola - 2020

We test the relationship between historical immigration to the United States and political ideology today. We …-lasting effect on the political ideology of US born individuals. Our analysis proceeds in three steps. First, we document that the … historical presence of European immigrants is associated with a more liberal political ideology and with stronger preferences for …

Persistent link: https://www.econbiz.de/10012481821

The Evolution of Ideology, Fairness and Redistribution

Alesina, Alberto F. - 2009

Ideas about what is "fair" above and beyond the individual's position in the income ladder influence preferences for redistribution. We study the dynamic evolution of different economies in which redistributive policies, perceptions of fairness, inequality and growth are jointly determined. We...

Persistent link: https://www.econbiz.de/10012463062

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