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the concurrent decline in welfare-state redistribution. This paper develops a model, which can provide an explanation for …-economy balance and the redistributive policies. The paper highlights the differences in the political-economy induced redistribution …
Persistent link: https://www.econbiz.de/10012949408
Politicians may use disguised' redistributive policies in order to circumvent opposition to explicit tax-transfer schemes. First, we present a theoretical model that formalizes this hypothesis; then we provide evidence that in US cities, politicians use public employment as such a redistributive...
Persistent link: https://www.econbiz.de/10013224320
The extent of taxation and redistribution policy is generally determined as a political-economy equilibrium by a … burden and less redistribution than would be the case with no immigration, even though migrants (naturally) join the pro …-tax/transfer coalition. Data on 11 European countries over the period 1974 to 1992 are consistent with the implications of the theory: a …
Persistent link: https://www.econbiz.de/10013226170
: redistribution between rich and poor, young and old, employed and unemployed, resident of different regions, and labor and capital …, focusing on their implications for rent extraction by politicians, redistribution and public goods provision …
Persistent link: https://www.econbiz.de/10013226917
second generation. The paper characterizes the determinants of the equilibrium intergenerational redistribution carried out … redistribution. The key features of the model are heterogeneity within each generation and altruism across generations …
Persistent link: https://www.econbiz.de/10013228741
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10013074913
When a stabilization has significant distributional implications (as in the case of tax increases to eliminate a large budget deficit) different socio-economic groups will attempt to shift the burden of stabilization onto other groups. The process leading to a stabilization becomes a "war of...
Persistent link: https://www.econbiz.de/10013229361
Even relatively poor people oppose high rates of redistribution because of the anticipation that they or their children … in large-scale expropriation and highly progressive redistribution. But is it compatible with everyone -- especially the …
Persistent link: https://www.econbiz.de/10013218092
determination of a country's political regime, trade policy and income-tax-based redistribution scheme. Three socioeconomic groups …
Persistent link: https://www.econbiz.de/10013077661
The extent of taxation and redistribution policy is generally determined at a political-economy equilibrium by a … tax burden and less redistribution than without migration, even though the migrants (naturally) join the pro-tax cum …
Persistent link: https://www.econbiz.de/10013310136