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This paper proposes a stylized model of policy determination and imperfect international integration. A country-specific policy wedge corrects labor market imperfections and/or redistributes welfare across differently wealthy agents. Capital market integration with the rest of the world, indexed...
Persistent link: https://www.econbiz.de/10011718418
Persistent link: https://www.econbiz.de/10003497524
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
We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …
Persistent link: https://www.econbiz.de/10003805999
agenda. In contrast to the standard neo-classical reasoning, recent advances in the theory of trade and location have shown …
Persistent link: https://www.econbiz.de/10011541152
We examine whether and to what extent political institutions explain different performances in income redistribution … across countries. In particular, we first review available sources of data and measures of income redistribution, discussing … explanations of redistribution from resources and instruments, as well as supply side factors. We then provide empirical evidence …
Persistent link: https://www.econbiz.de/10011549384
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/10011565576
We examine preferences for redistribution inherent in Swedish tax policy 1971-2012 using the inverse optimal tax …
Persistent link: https://www.econbiz.de/10011566489
We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by …-efficient households if and only if social inequality aversion is sufficiently high. We further find that redistribution of carbon tax …
Persistent link: https://www.econbiz.de/10012485343
This paper investigates the behavior of rent-seeking politicians in an environment of increasing economic integration. The focus of the paper is on the implications of globalization-induced political yardstick competition for constitutional design with a view to the current discussion in the...
Persistent link: https://www.econbiz.de/10011398918