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voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged …
Persistent link: https://www.econbiz.de/10012965708
optimal redistribution and social protection policies are in place, globalization necessarily improves social welfare …
Persistent link: https://www.econbiz.de/10013028782
to reduced support for redistribution among natives. This paper exploits a nationwide program placing refugees in … increased immigrant shares on preferences for redistribution. The results show that a larger immigrant population leads to less … support for redistribution in the form of preferred social benefit levels. This reduction in support is especially pronounced …
Persistent link: https://www.econbiz.de/10013130420
We study the role of social long term care (LTC) insurance when income taxation and private insurance markets are imperfect. Policy instruments include public provision of LTC as well as a subsidy on private insurance. The subsidy scheme may be linear or nonlinear. For the linear part we...
Persistent link: https://www.econbiz.de/10013124972
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10013098333
This paper examines whether myopia (misperception of the long-term care (LTC) risk) and private insurance market loading costs can justify social LTC insurance and/or the subsidization of private insurance. We use a two-period model wherein individuals differ in three unobservable...
Persistent link: https://www.econbiz.de/10013104574
This paper intends to make a two-fold contribution to the literature. First, it studies a political economy model of family taxation using a household economics approach to behavior; the nature of the winning policy is found to depend on whether i) the parents control their fertility or not, ii)...
Persistent link: https://www.econbiz.de/10013108086
This paper develops an overlapping-generations model with heterogeneous agents in terms of earning ability and cash-in-advance constraint. It shows that tax policy cannot fully replicate or neutralize the redistributive implications of monetary policy. While who gets the extra money becomes...
Persistent link: https://www.econbiz.de/10013091750
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution … the time when they choose a distribution rule and find that there is more redistribution behind a veil of ignorance than … under full information. However, the scope of redistribution is less sensitive towards the degree of uncertainty than …
Persistent link: https://www.econbiz.de/10013074399
for redistribution beyond self-interest. Subjects generated a high or a low income either through a lottery or through an …
Persistent link: https://www.econbiz.de/10012962917