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redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U …
Persistent link: https://www.econbiz.de/10013085497
relationship between the political influence of the two groups and the level of taxation, public investment, redistribution of …
Persistent link: https://www.econbiz.de/10014156810
Social contracts about inequality and redistribution are country-specific. We rely on a model of inequality and … redistribution where multiple steady states can emerge in given country. We link the model to the recent literature on beliefs and … we call 'dissipative inclusion', where redistribution and social inclusion are effectively achieved but accompanied by …
Persistent link: https://www.econbiz.de/10013096858
We compare redistribution through trade restrictions vs. domestic lump-sum transfers. When preferences are non …
Persistent link: https://www.econbiz.de/10012960778
What are the most efficient means of redistribution in an unequal economy? We answer this question by characterizing … changing household preferences, the distribution of ability, the planner’s preference for redistribution, as well as to …
Persistent link: https://www.econbiz.de/10014094803
efficient than other redistribution schemes such as transfers financed with an income tax. Often, this outcome is attributed to … does not change the equilibrium. Only a long run commitment to a minimum level of redistribution restores efficiency …
Persistent link: https://www.econbiz.de/10014264636
We consider optimal redistribution in a model where individuals can self-select into one of several possible sectors …
Persistent link: https://www.econbiz.de/10013103803
costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …
Persistent link: https://www.econbiz.de/10013221848
Is inequality harmful for growth? We suggest that it is. To summarize our main argument: in a society where distributional conflict is more important, political decisions are more likely to produce economic policies that allow private individuals to appropriate less of the returns to growth...
Persistent link: https://www.econbiz.de/10013230194
Preferences for redistribution, as well as the generosities of welfare states, differ significantly across countries … 1945 to 1990, East Germans lived under a Communist regime with heavy state intervention and extensive redistribution. We … find that, after German reunification, East Germans are more in favor of redistribution and state intervention than West …
Persistent link: https://www.econbiz.de/10012767506