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Is the Welfare State Sustainable? Experimental Evidence on Citizens' Preferences for Redistribution
Neustadt, Ilja - 2010
The sustainability of the welfare state ultimately depends on citizens' preferences for income redistribution. They are … elicited through a Discrete Choice Experiment performed in 2008 in Switzerland. Attributes are redistribution as GDP share, its …
Persistent link: https://www.econbiz.de/10013139422
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An Unemployment Re-Insurance Scheme for the Eurozone? Stabilizing and Redistributive Effects
Dolls, Mathias - 2020
This paper develops a decomposition framework to study the importance of different stabilization channels of an unemployment re-insurance scheme for the euro area. Running counterfactual simulations based on household micro data for the period 2000–16, the paper finds that the re-insurance...
Persistent link: https://www.econbiz.de/10012836930
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Does the Winner Take it All? Redistributive Policies and Political Extremism
Daniele, Gianmarco - 2020
We show that regional heterogeneity of underlying fundamentals (e.g. economic history, geography, social capital) can lead to extreme voting in federations. When the outcome of federal policies – such as transfer schemes, market regulation or migration laws – depends on these fundamentals,...
Persistent link: https://www.econbiz.de/10012836939
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Measuring Intra-Generational Redistribution in PAYG Pension Schemes
Klos, Jonas - 2020
In this paper, we propose a novel index for measuring intra-generational redistribution in pay-as-you-go pension …-generational redistribution isolated from possible inter-generational redistribution. We use contribution records of approx. 100,000 German … individuals, who progressed into retirement in 2007-2015, to measure the level of intra-generational redistribution in the German …
Persistent link: https://www.econbiz.de/10012837478
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Optimal Redistributive Wealth Taxation When Wealth is More than Just Capital
Franks, Max - 2020
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be taxed. We develop an overlapping generations model with...
Persistent link: https://www.econbiz.de/10012841621
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Prosociality, Political Identity, and Redistribution of Earned Income : Theory and Evidence
Dhami, Sanjit - 2018
We explore the relation between social political identity and prosociality. We first construct a theoretical model to generate predictions for the behavior of players in an ultimatum game who are influenced by social political identity. Then we use a novel subject pool-registered members of...
Persistent link: https://www.econbiz.de/10012908662
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Redistribution Through Income Taxation and Public Utility Pricing in the Presence of Energy Efficiency Considerations
Feger, Fabian - 2018
, the effectiveness of the electricity tariff as a redistribution device is questionable in the presence of a progressive … model predicts that electricity prices should be subsidised in the presence of purely income redistribution concerns, we … conservation as well as income redistribution …
Persistent link: https://www.econbiz.de/10012908694
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Inequality Undermines Democracy and Growth
Gylfason, Thorvaldur - 2019
Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...
Persistent link: https://www.econbiz.de/10012892099
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Congestion in the Electricity Transmission System Redistributes Pollution Across Long Distances
Johnson, Erik - 2020
Electricity transmission redistributes environmental impacts across space. We exploit episodes of high electricity transmission system congestion to explore changes in ambient concentrations of air pollutants in the eastern United States. Reducing electricity system congestion decreases ozone...
Persistent link: https://www.econbiz.de/10012825399
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The Social Cost of Carbon and Inequality : When Local Redistribution Shapes Global Carbon Prices
Kornek, Ulrike - 2019
The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...
Persistent link: https://www.econbiz.de/10012870643