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extent of redistribution. In this setting, trade liberalization is politically viable as long as the losers from trade are … may be limited political support for redistribution, and those who are left behind by globalization - namely unskilled … - by favoring the ascent of the educated class and thus eroding the political support for redistribution - may ultimately …
Persistent link: https://www.econbiz.de/10012168075
In this paper, we investigate whether business cycles can imply sizable effects on average unemployment. First, using a reduced-form model of the labor market, we show that job finding rate fluctuations generate intrinsically a non-linear effect on unemployment: positive shocks reduce...
Persistent link: https://www.econbiz.de/10003778482
This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical … tolerance for inequality. -- Preferences for redistribution …
Persistent link: https://www.econbiz.de/10003824787
This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business cycle. Previous research suggests that policy makers should make unemployment insurance (UI) dependent on the business cycle because the UI system can be used to smooth consumption...
Persistent link: https://www.econbiz.de/10009530147
This paper develops a simulation model in order to examine the effectiveness of state attempts at redistribution under …-level redistribution are substantial, but state action may still be preferred to a federal policy that is at odds with preferences of a … state pursuing additional redistribution, but not a cost at the national level. -- fiscal federalism ; income redistribution …
Persistent link: https://www.econbiz.de/10009581381
which this ratio increases coincide with those in which Democrats rule the government and there is more redistribution from … the power are characterized by a fall in the ratio and less redistribution from the rich to the rest of the population …
Persistent link: https://www.econbiz.de/10011913675
Persistent link: https://www.econbiz.de/10013455892
Persistent link: https://www.econbiz.de/10009787059
' policy choices by transferring money to them. We observe very high levels of redistribution - even when transfers to … equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …
Persistent link: https://www.econbiz.de/10003910210
margins for 17 EU countries and the US. Using the same data, inequality aversion is measured as the degree of redistribution …. -- social preferences ; redistribution ; optimal income taxation ; labor supply …
Persistent link: https://www.econbiz.de/10009715731