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Welfare state supporters typically contend that social-welfare programs boost the incomes of low-earning households. Critics argue that, over time, such programs reduce the growth of economic output and/or employment. As a result, redistribution may produce stagnant or even declining real...
Persistent link: https://www.econbiz.de/10010335377
According to the 'median-voter' hypothesis, greater inequality in the market distribution of earnings or income tends to produce greater generosity in redistributive policy. We outline the steps in the causal chain specified by the hypothesis and attempt to assess these steps empirically. Prior...
Persistent link: https://www.econbiz.de/10010335397
This paper compares the most commonly quoted female-to-male wage ratios (based on hourly earnings in manufacturing) and ratios based on a harmonized analysis of household surveys. The surveys include employees of all types in all sectors - thereby overcoming the problems associated with a lack...
Persistent link: https://www.econbiz.de/10011652860