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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … regime counteract the deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under …
Persistent link: https://www.econbiz.de/10012388237
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Endogenous wage indexation and aggregate shocks
Carrillo, Julio A.; Peersman, Gert; Wauters, Joris - 2014
Empirical and institutional evidence finds considerable time variation in the degree of wage indexation to past inflation, a finding that is at odds with the assumption of constant indexation parameters in most New-Keynesian DSGE models. We build a DSGE model with endogenous wage indexation in...
Persistent link: https://www.econbiz.de/10010358269
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Monetary policy and redistribution : what can or cannot be neutralized with Mirrleesian taxes
Gahvari, Firouz; Micheletto, Luca - 2012
; fiscal policy ; redistribution ; Friedman rule ; heterogeneity ; overlapping generations ; second best …
Persistent link: https://www.econbiz.de/10009488970
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Education and efficient redistribution
Dur, Robert A. J.; Teulings, Coen N. - 2001
Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education … the absence of a strive for redistribution, the market generates the efficient level of investment in human capital. When … there is a demand for redistribution, the general equilibrium effects on relative wages might make a subsidy to education an …
Persistent link: https://www.econbiz.de/10011400867
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Top incomes, rising inequality, and welfare
Lansing, Kevin J.; Markiewicz, Agnieszka - 2012
; redistribution ; welfare …
Persistent link: https://www.econbiz.de/10009665381
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The redistributive politics of monetary policy
Rouanet, Louis; Hazlett, Peter - In: Public choice 194 (2023) 1/2, pp. 1-26
Persistent link: https://www.econbiz.de/10013548935
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Vote buying and redistribution
Guerra, Alice; Justesen, Mogens Kamp - In: Public choice 193 (2022) 3/4, pp. 315-344
Persistent link: https://www.econbiz.de/10013455892
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Walk the line : conflict, state capacity and the political dynamics of reform
Jain, Sanjay; Majumdar, Sumon; Mukand, Sharun W. - 2014 - Rev.
This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform's initial success having a negative impact...
Persistent link: https://www.econbiz.de/10010249669
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Fractionalization and the Size of Government
Lind, Jo Thori - 2003
fractionalization and group antagonism reduce the support for redistribution. Whereas within group inequality increases support for … redistribution, inequality between groups have the opposite effect. All these results hold even if a poor group is in majority. Using … increases and between group inequality decreases redistribution. …
Persistent link: https://www.econbiz.de/10011508116
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Do Americans favor female or male politicians? : evidence from experimental elections
Poutvaara, Panu; Graefe, Andreas - 2024
Women are severely underrepresented in American politics, especially among Republicans. This underrepresentation may result from women being less willing to run for office, from voter bias against women, or from political structures that make it more difficult for women to compete. Here we show...
Persistent link: https://www.econbiz.de/10015077849