Showing 1 - 10 of 372
Even relatively poor people oppose high rates of redistribution because of the anticipation that they, or their …
Persistent link: https://www.econbiz.de/10005662178
This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately …: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill …-biased technical change; inequality among high incomes; consumption inequality; geographical inequality; and international differences …
Persistent link: https://www.econbiz.de/10005123580
‘happiness’, we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … US. There are two potential explanations. First, Europeans prefer more equal societies (inequality belongs in the utility … ideological lines. There is evidence of ‘inequality generated’ unhappiness in the US only for a sub-group of rich leftists. In …
Persistent link: https://www.econbiz.de/10005123800
and benefits of redistribution through taxes, land reform or public schooling: such policies simultaneously depress …’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …
Persistent link: https://www.econbiz.de/10005123982
costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …
Persistent link: https://www.econbiz.de/10005124288
excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the ‘exporting’ of inequality across borders; and how this, in …
Persistent link: https://www.econbiz.de/10005661547
This paper seeks to evaluate the findings of cross-national research on the relationship between income inequality and …
Persistent link: https://www.econbiz.de/10004977275
How much additional tax revenue can the government generate by increasing labor income taxes? In this paper we provide a quantitative answer to this question, and study the importance of the progressivity of the tax schedule for the ability of the government to generate tax revenues. We develop...
Persistent link: https://www.econbiz.de/10011084559
We develop a model of human capital formation with endogenous labour supply and heterogeneous agents to explore the optimal level of education subsidies along with the optimal progressive schedule of the labour income tax and optimal capital income taxes. Subsidies on education ensure efficiency...
Persistent link: https://www.econbiz.de/10005504308
This paper investigates the effect of ethnolinguistic conflict on redistribution. The analysis focuses on the conflict … linguistic diversity is a better predictor of redistribution than linguistic polarization. We also find that incorporating …
Persistent link: https://www.econbiz.de/10005666970