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In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...
Persistent link: https://www.econbiz.de/10005616677
This work intends to specify a formula for the optimal taxation in Probabilistic Voting Models with Single Mindedness Theory. The goal is to find an equivalent expression to the Ramsey’s rule for a political economy environment where Governments are assumed to be Leviathans rather than...
Persistent link: https://www.econbiz.de/10005789305
In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...
Persistent link: https://www.econbiz.de/10005789327
government to increase redistribution. We also find that means tested congestion pricing may be necessary to implement the second …
Persistent link: https://www.econbiz.de/10008839208
-insurance should be complemented by social insurance in order to impair the psychic disutility stemming from income inequality. Turning …
Persistent link: https://www.econbiz.de/10011111350
Using a simple model of income redistribution, we show that the government may use tax evasion as a way to redistribute … income from the non- evaders to evaders. This will result then to a negative association between income inequality and per …
Persistent link: https://www.econbiz.de/10009368167
naturally from realistic features of the model and appropriate redistribution can correct the inefficiencies except at a fairly …
Persistent link: https://www.econbiz.de/10008476367
impact individual attitudes towards equality and redistribution, and demonstrate that self-interest evaluations, together …
Persistent link: https://www.econbiz.de/10009151609
This paper seeks to examine the effect of income inequality on the structure of tax policies. We first use a simplified … remains robust across various alternative measures of income inequality and most importantly through alternative political … regimes. In addition, our analysis places the spotlight on the potential reverse causality between income inequality and …
Persistent link: https://www.econbiz.de/10011109552
analysis treats unofficial economy as an endogenous outcome that may be produced by the conflict for redistribution between …
Persistent link: https://www.econbiz.de/10011257887