Showing 1 - 10 of 59
We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...
Persistent link: https://www.econbiz.de/10011563113
Income inequality is rising but there seems to be no clear-cut effect on redistribution preferences, which is inconsistent with expectations of individual utility maximization. To explain this puzzle, recent research focuses on other-regarding motives. This study follows prior theorization...
Persistent link: https://www.econbiz.de/10012107524
We re-analyze the major explanations of redistribution including the Meltzer-Richard (MR) model, power resources theory (PRT), the Iversen-Soskice political institutions explanation, Lupu and Ponstusson's wage inequality skew, along with works suggesting other causes, such as immigration. The...
Persistent link: https://www.econbiz.de/10014455280
This paper explores common trends in inequality and redistribution across OECD countries from the late 1980s to 2013. Low‐end inequality rises during economic downturns while rising top‐end inequality is associated with economic growth. Most countries retreated from redistribution from the...
Persistent link: https://www.econbiz.de/10011585191
Persistent link: https://www.econbiz.de/10003335852
One of the most frequent critiques of the HDI is that is does not take into account inequality within countries in its three dimensions. In this paper, we apply a simply approach to compute the three components and the overall HDI for quintiles of the income distribution. This allows a...
Persistent link: https://www.econbiz.de/10003881719
The paper discusses the U-shaped relationship between the equivalence scale ne and the Gini index instead of considering the equivalence scale's relationship to the generalised entropy measures, which was studied by Coulter, et al. (1992). An end-point condition is given for the U-shaped...
Persistent link: https://www.econbiz.de/10009511729
In the context of polarized societies, income homogeneity is linked to the frequency and the intensity of social unrest. Most homogenous countries exhibit a lower frequency of intense social conflicts and less homogeneous countries show a higher frequency of moderate social conflicts. This paper...
Persistent link: https://www.econbiz.de/10011345745
Using survey data from the World Values Survey (WVS) and national-level statistics from various official sources, we explore how attitudes toward economic inequality are shaped by economic conditions across 24 Organization for Economic Cooperation and Development (OECD). Consistent with the...
Persistent link: https://www.econbiz.de/10011345752
Mandelbrot (1960) proposed using the so-called Pareto-Lévy class of distributions as a framework for representing income distributions. We argue in this paper that the Pareto-Lévy distribution is an interesting candidate for representing income distribution because its parameters are easy to...
Persistent link: https://www.econbiz.de/10009407916