. In this paper policies are negotiated in a committee by playing a dynamic voting game. The implications of this change …

fertility with voting on public schooling expenditures. The theory is able to account for the facts mentioned above. Countries …

expectations of high mobility are sustained (the ?American Dream?) and dampen the demand for redistribution. In so doing, it draws …

private pension and lower income inequality than Beveridgean systems. This paper introduces a bidimensional voting model to … account for all these features. Agents differ in age, income and their ability to invest in capital market. The voting game … determines the degree of redistribution of the social security system - Bismarckian or Beveridgean- and the size of the transfer …

redistribution, since a decrease in current interest rates favors agents with below-average wealth. By the same token---and as is …