Showing 1 - 10 of 205
Different beliefs about how fair social competition is and what determines income inequality, influence the … their effort, it will chose low redistribution and low taxes. In equilibrium effort will be high, the role of luck limited … income inequality and choices of redistributive policies …
Persistent link: https://www.econbiz.de/10013134300
This paper examines the sources of differences in social mobility between the U.S. and Denmark. Measured by income mobility, Denmark is a more mobile society, but not when measured by educational mobility. There are pronounced nonlinearities in income and educational mobility in both countries....
Persistent link: https://www.econbiz.de/10012985952
The poor favor redistribution and the rich oppose it, but that is not all. Social mobility may make some of today …'s poor into tomorrow's rich and since redistributive policies do not change often, individual preferences for redistribution … should depend on the extent and the nature of social mobility. We estimate the determinants of preferences for redistribution …
Persistent link: https://www.econbiz.de/10013217193
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
redistribution in democratic societies. An infinite-horizon theoretical model is developed, and the properties of the equilibrium tax … rate and the degree of after-tax inequality are characterized. Mobility and stickiness of tax policy are both negatively … two forces are complementary. Tax persistence leads to higher levels of post-tax inequality, for any amount of mobility …
Persistent link: https://www.econbiz.de/10012980675
affect preferences for redistribution in France, Italy, Sweden, the U.K., and the U.S.. Americans are more optimistic than … redistribution, mostly for "equality of opportunity" policies. We find a strong political polarization. Left-wing respondents are … more pessimistic about mobility, their preferences for redistribution are correlated with their mobility perceptions, and …
Persistent link: https://www.econbiz.de/10012965948
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
Persistent link: https://www.econbiz.de/10012777949
Hundreds of papers have investigated how incentives and policies affect hours worked in the market. This paper examines how income taxes affect time allocation in the other two-thirds of the day. Using the Panel Study of Income Dynamics from 1975 to 2004, we analyze the response of single...
Persistent link: https://www.econbiz.de/10014045896
Decentralization can lead to "good" or "bad" outcomes depending on the socio-cultural norms of the targeted communities. We investigate this issue by looking at the evolution of familism and nepotism in the Italian academia before and after the 1998 reform, which decentralized the recruitment of...
Persistent link: https://www.econbiz.de/10013118835
overall lifetime acquisition of human capital. We also review the intergenerational literature and examine the macroeconomic …
Persistent link: https://www.econbiz.de/10013120281