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The relationship between inequality and redistribution is usually studied under the assumption that the government … expenditure). We show that inequality may have no discernible effect on the size of redistributive programs. …
Persistent link: https://www.econbiz.de/10011402700
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10011409838
relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last … three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This …
Persistent link: https://www.econbiz.de/10013174148
appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … typically led to an expansion in redistribution, at least in the small sample of episodes studied. Similarly, and more … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10009781532
We examine in how far people's experiences of income inequality affect their preferences for redistribution. We use … several large nationally representative datasets to provide evidence that people who have experienced more inequality while … growing up are less in favor of redistribution, after controlling for income, demographics, unemployment experiences and …
Persistent link: https://www.econbiz.de/10011573913
This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Theoretically … concentration in pre- and after-tax income without additional redistribution via progressive taxes. It is, however, crucial to … consider the interdependence of decentralization and fragmentation as inequality decreasing effects of decentralization are …
Persistent link: https://www.econbiz.de/10011942832
What matters for individuals' preferences for redistribution? In this paper we show that consequentialist beliefs about … inequality - beliefs about how economic inequality changes the crime rate or the quality of democratic institutions, for example …,731 U.S. citizens, we show that a majority of respondents believe that inequality leads to a wide range of negative societal …
Persistent link: https://www.econbiz.de/10014383934
triggered the demand for income redistribution and wealth taxes not only to reduce inequality but also to reduce CO2 emissions …. This paper calculates the possible size of such a green dividend of redistribution in 26 countries and concludes that, for … most EU countries, it is negative if the redistribution is efficient, in the sense that it keeps average incomes constant …
Persistent link: https://www.econbiz.de/10013384906
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/10011568762
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