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for redistribution beyond self-interest. Subjects generated a high or a low income either through a lottery or through an … when the inequality is generated by the tournament (lottery). The effect still holds when controlling for self …
Persistent link: https://www.econbiz.de/10012962917
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 review the literature on the public choice approach to explaining redistribution policies. The focus is on policies … that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution … in democracies. In democratic settings, generic redistribution games lack equilibria. Structure-inducing rules that give …
Persistent link: https://www.econbiz.de/10012977205
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but …
Persistent link: https://www.econbiz.de/10010877914
We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted … economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our … results suggest that there is no robust relationship between economic freedom and income inequality. In addition, we analyze …
Persistent link: https://www.econbiz.de/10011124890
It is argued that the concept of well –being inequality cannot be properly defined without taking the referencing … happiness inequality in happiness studies.We plead for an extension of the present happiness paradigm by setting up a new …
Persistent link: https://www.econbiz.de/10008533999
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
inequality. Second, we find that this result is driven largely by the lack of redistribution across the middle and upper part of …Building on the existing literature that examines the extent of redistribution in the Social Security system as a whole … Security program that reduces overall inequality by redistributing from high income individuals to middle income individuals …
Persistent link: https://www.econbiz.de/10012763992
We show that a transfer targeting a minority of the population is sustained by majority voting, however small the … this probability function under which more targeting results in a lower equilibrium size of the transfer system. …
Persistent link: https://www.econbiz.de/10010877761
. Apart from their direct effects, these traits also exert indirect impact by influencing the transmission of inequality to … redistribution. Finally, we show that redistribution and diversity are linked non-linearly: moderate levels of diversity impede … redistribution, while higher levels offset the negative effect …
Persistent link: https://www.econbiz.de/10012924453