Showing 1 - 4 of 4
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail …: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and …
Persistent link: https://www.econbiz.de/10012458917
Is inequality harmful for growth? We suggest that it is. To summarize our main argument: in a society where … significant and quantitatively important negative relation between inequality and growth. After a comprehensive sensitivity …
Persistent link: https://www.econbiz.de/10012475421
influence or bribe politicians, and when inequality and potential taxes are high (which makes redistribution more valuable to … so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We …
Persistent link: https://www.econbiz.de/10012461364
: 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/10012471701