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Between 1660 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by inheritance rules and other legal legacies. The loosening of...
Persistent link: https://www.econbiz.de/10005830552
What do lobbyists do? Some believe that lobbyists' main role is to provide issue-specific information and expertise to congressmen to help guide the law-making process. Others believe that lobbyists mainly provide the firms and other special interests they represent with access to politicians in...
Persistent link: https://www.econbiz.de/10008836707
It is often argued that additional checks and balances provide economic agents with better protection from expropriation of their wealth or productive capital. We demonstrate that in a dynamic political economy model this intuition may be flawed. Surprisingly, increasing the number of veto...
Persistent link: https://www.econbiz.de/10010821832
This paper investigates the relationship between the size of interest groups in terms of voter representation and the interest group's campaign contributions to politicians. We uncover a robust hump-shaped relationship between the voting share of an interest group and its contributions to a...
Persistent link: https://www.econbiz.de/10005774898
grows. This growth in differentials is of a smaller magnitude than the actual increase in inequality, but it is nonetheless … positive and substantial in size. Weighing against this, growth in inequality is met with greater support for government …In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …
Persistent link: https://www.econbiz.de/10009395461
rates, inequality, and income redistribution. We also extend that model to incorporate social preferences in the form of … altruism and inequality aversion. The experiment varies the amount of inequality and the collective choice procedure to … determine tax rates. We report four main findings. First, higher wage inequality leads to higher tax rates. The effect is …
Persistent link: https://www.econbiz.de/10010821742
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
.S. income inequality, the link between top income tax rates and economic growth, and the estate tax. An additional 6 …We develop online survey experiments to analyze how information about inequality and taxes affects preferences for … large effects on whether respondents view inequality as a problem. By contrast, it only slightly moves policy preferences (e …
Persistent link: https://www.econbiz.de/10011096574
per capita and was moving away from authoritarian government towards a more open democracy. Unfortunately, Argentina never …
Persistent link: https://www.econbiz.de/10005033487
definition of federal governance and classifies a sample of 73 countries as either a constitutionally-based federal democracy, an … administratively-based federal democracy, a unitary democracy, a federal dictatorship, or a unitary dictatorship. Governance is then … provides federalism's valued outcomes. Third, federalism needs democracy; there is no evidence that adding policy …
Persistent link: https://www.econbiz.de/10005714137