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so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We … better organized and are more likely to be able to influence or bribe politicians; and when inequality and potential taxes … are high (which makes redistribution more valuable to the majority). We show that the main intuition, that checks and …
Persistent link: https://www.econbiz.de/10009303076
Persistent link: https://www.econbiz.de/10010227428
As robots and other computer-assisted technologies take over tasks previously performed by labor, there is increasing concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot usage between 1990 and 2007 on US local labor markets. Using a model in...
Persistent link: https://www.econbiz.de/10011689323