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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
' subjects determines later redistributive decisions among the 'heir' subjects. On average, redistribution is highest among the …
Persistent link: https://www.econbiz.de/10013168233
Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...
Persistent link: https://www.econbiz.de/10012697782
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality? This paper argues that there is widespread acceptance that multiple, interrelated and mutually reinforcing inequalities exist - in income, wealth, education, health, power,...
Persistent link: https://www.econbiz.de/10014338520
Support for redistribution depends on whether inequality stems from differences in performance or luck, but different … sources of luck may impact redistribution differentially. We elicit redistribution decisions from a U.S.-representative sample …
Persistent link: https://www.econbiz.de/10014582297
social preferences for redistribution. Two separate experiments (one in the UK and the other in the USA) show that the elite …
Persistent link: https://www.econbiz.de/10014637340
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 describes subjective wage inequality and the demand for redistribution in Austria using individuals … inequality which they perceive to exist. The empirical analysis also shows that the demand for redistribution is strongly … associated not only with variables describing self-interested motives for redistribution, but also with perceptions of and social …
Persistent link: https://www.econbiz.de/10003900890
inequality and redistribution. Not surprisingly, the effective level of redistribution (after tax-and-transfer inequality) is … objective dimension of inequality and redistribution are, at least partially, linked with individuals' political preferences and … their voting behavior. The association between objective and subjective measures of inequality and redistribution vanishes …
Persistent link: https://www.econbiz.de/10009569608
; inequality ; redistribution …
Persistent link: https://www.econbiz.de/10009313331