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for the theory and estimation of how voter preferences enter into electoral and political economy models …
Persistent link: https://www.econbiz.de/10012457605
data further reveal that legislators generally have accurate beliefs about public opinion on corruption and understand its … relevance to voters. An informational treatment updates legislators' beliefs about public opinion. The treatment produces …
Persistent link: https://www.econbiz.de/10015056149
Like today, one hundred years ago air pollution was a matter of grave concern in the world's most polluted cities. In the wake of its famous 1908-9 social survey, the City of Pittsburgh commissioned an "Economic Survey of Pittsburgh" from John T. Holdsworth, a prominent institutional economist...
Persistent link: https://www.econbiz.de/10014528368
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
When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich elite, signals of true left-wing conviction are valuable. As a consequence, even a moderate politician seeking reelection chooses "populist' policies - i.e., policies to the left...
Persistent link: https://www.econbiz.de/10012461351
relationships with empirical differences-of-opinion proxies are consistent with the model …
Persistent link: https://www.econbiz.de/10012461904
U.S. survey respondents' views on distributive justice are shown to differ in two specific, related ways from what is conventionally assumed in modern optimal tax research. A large share of respondents, and in some cases a large majority, resist the full equalization of inequality due to brute...
Persistent link: https://www.econbiz.de/10012456215
Why do low-income individuals often oppose redistribution? We hypothesize that an aversion to being in "last place" undercuts support for redistribution, with low-income individuals punishing those slightly below themselves to keep someone "beneath" them. In laboratory experiments, we find...
Persistent link: https://www.econbiz.de/10012461423
Evidence from social psychology suggests that agents process information about their own ability in a biased manner. This evidence has motivated exciting research in behavioral economics, but has also garnered critics who point out that it is potentially consistent with standard Bayesian...
Persistent link: https://www.econbiz.de/10012461644
macroeconomics yet, but monetary theory on one side, business cycle theory on the other. A period during which all the right …
Persistent link: https://www.econbiz.de/10012471225