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inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital … speaking reflecting inequality) has somewhat interesting effects along the transitional path towards balanced growth. Hereby …
Persistent link: https://www.econbiz.de/10014461501
This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...
Persistent link: https://www.econbiz.de/10014390535
claimed that "the more we target benefits at the poor, the less likely we are to reduce poverty and inequality". The basic … fact become a very weak one. For what it matters, targeting tends to be associated with higher levels of redistribution …
Persistent link: https://www.econbiz.de/10009753045
types of inequality/discrimination, e.g. based on gender, race or sexual orientation. An inquiry into the mechanisms of the …This study combines novel financial-literacy data with measures of attitudes to redistribution from the British … intervention for income redistribution. The effect is robust to several specifications, samples, longitudinal models and …
Persistent link: https://www.econbiz.de/10011631491
inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution …The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair … distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income …
Persistent link: https://www.econbiz.de/10011704184
A society that believes wealth to be determined by random "luck", rather than by merit, demands more redistribution. We … ground acceleration registered during each shock with survey data about individual opinions on redistribution we show that … inequalities should be levelled by redistribution. The shocks, however, are not all alike. We find that only the last three shakes …
Persistent link: https://www.econbiz.de/10012035630
If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and … reduction reduces statis inefficiency. On the other hand, standard redistribution also reduces the level of R and D because it … that standard redistribution always dominates limitations to IPRs. …
Persistent link: https://www.econbiz.de/10011415064
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and -transfer system … offsets around half of the inequality in lifetime earnings that is due to differences in skill endowments. At the same time …
Persistent link: https://www.econbiz.de/10011795062
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument - the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10011955505
significantly increased redistribution to nonwinners who performed similarly well. We find that transparency can effectively alter …
Persistent link: https://www.econbiz.de/10013540559