Showing 1 - 10 of 505
undermine the political viability of free trade. We show that trade-related redistribution increases the political viability of … free trade in the US. We do so by assessing the causal effect of expected redistribution associated with the US Trade …. We find that a one standard deviation increase in redistribution leads to more than a 3% point increase in the …
Persistent link: https://www.econbiz.de/10010339571
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs …, and the demand for redistribution crucially depend on the level of income inequality and mobility. -- redistribution …
Persistent link: https://www.econbiz.de/10009311993
alternative institutional options: the degree of labour market flexibility and the intensity of redistribution. We show that the … (positive flexibility versus positive redistribution). …
Persistent link: https://www.econbiz.de/10002485621
redistribution among young individuals. …
Persistent link: https://www.econbiz.de/10002592002
Persistent link: https://www.econbiz.de/10001232367
We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution … the net gain that low-skill agents obtain from income redistribution, which only the Left (but not the Right) can credibly … theory for constitutionally legislated term limits is also discussed. The theory sheds light on why left-wing parties or …
Persistent link: https://www.econbiz.de/10009535765
Persistent link: https://www.econbiz.de/10012607138
effects on people's preferences for redistribution. In areas with larger inflows in the 1940s, people have substantially … higher demand for redistribution more than 50 years later. …
Persistent link: https://www.econbiz.de/10011895493
Persistent link: https://www.econbiz.de/10014456257