Showing 1 - 10 of 299
We develop a model of international trade between two symmetric countries that features inter-group inequality between … entrepreneurs and workers, and also intra-group inequality within each of those two groups. Individuals in the economy are … increases if this selection effect is sufficiently strong. Gains from trade are accompanied by larger inequality along multiple …
Persistent link: https://www.econbiz.de/10013316502
We examine whether individuals' experienced levels of income inequality affect their preferences for redistribution. We … inequality and reduce their demand for redistribution … use several large nationally representative datasets to show that people who have experienced higher inequality during …
Persistent link: https://www.econbiz.de/10012964374
This paper shows that higher levels of perceived wage inequality are associated with a weaker (stronger) belief into … that those individuals perceiving a high level of wage inequality also tend to be more supportive of redistributive … policies and progressive taxation, and that they tend to favor the political left, suggesting a feedback effect of inequality …
Persistent link: https://www.econbiz.de/10012984497
source of inequality and the cost of redistribution. We show that Americans and Norwegians differ significantly in fairness …There is a striking difference in income inequality and redistributive policies between the United States and … considerations being much more fundamental for inequality acceptance than efficiency considerations in both countries …
Persistent link: https://www.econbiz.de/10012963592
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 …We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure …
Persistent link: https://www.econbiz.de/10012965708
We examine preferences for redistribution inherent in Swedish tax policy 1971–2012 using the inverse optimal tax …
Persistent link: https://www.econbiz.de/10012965938
This paper analyses optimal corrective taxation and optimal income redistribution. Under general utility functions, the …
Persistent link: https://www.econbiz.de/10012948330
“blunt instrument” for redistribution. To delve deeper in this issue we build models in which workers are heterogeneous in … unemployment benefits). In the second model, the government engages in redistribution through the public provision of private goods …-kind redistribution, and (iii) the MW institution is politically viable only when there is a limited degree of in-kind redistribution …
Persistent link: https://www.econbiz.de/10012951678
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
hypothesis work quite well empirically: there exists a positive link between perceived inequality or perceived upward mobility … and the extent of redistribution in democratic regimes – though such a link does not exist when objective measures of … inequality and social mobility are used. These observations highlight that political preferences and choices might depend more on …
Persistent link: https://www.econbiz.de/10013051387