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We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...
Persistent link: https://www.econbiz.de/10010384383
The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and …
Persistent link: https://www.econbiz.de/10003202910
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10011343080
so as to achieve the same amount of redistribution at lower cost. The French tax code should be simplified and changed … transfers ; income inequality ; redistribution …
Persistent link: https://www.econbiz.de/10009734840
We study how measures of socioeconomic health inequality inform about welfare inequality. We argue that transfers of either income or health from a better off to a worse off individual should reduce welfare inequality. Lacking an objective measure of individual welfare, we suggest that such a...
Persistent link: https://www.econbiz.de/10015057694
Although regional resources have been shown to influence secessionist conflicts in developing countries, their effect in established democracies has largely been neglected. We integrate regional resource value and inter-regional transfers in a model on the optimal size of nations, and show that...
Persistent link: https://www.econbiz.de/10011929646
income redistribution and employment creation. In particular, the introduction of both a guaranteed annual income (basic …
Persistent link: https://www.econbiz.de/10011507707
phenomenon across the globe. Upward-biased perceptions are associated with lower preferences for redistribution and have direct … redistribution preferences, is independent of socio-demographic characteristics, robust to measurement errors in social surveys, and …
Persistent link: https://www.econbiz.de/10012653302
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
Using a laboratory experiment, we present first evidence that stigmatization through public exposure causally reduces the take-up of an individually beneficial transfer. Our design exogenously varies the informativeness of the take-up decision by varying whether transfer eligibility is based on...
Persistent link: https://www.econbiz.de/10011663605