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This paper argues that the social nature of humans, absent from the standard economic model, is crucial to understand our large modern social states and why concerns about inequality are so pervasive. A social solution arises when a situation is resolved at the group level (rather than the...
Persistent link: https://www.econbiz.de/10012482605
The distribution of human capital and income lies at the center of a nexus of forces that shape a country's economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
Persistent link: https://www.econbiz.de/10012468322
Data for the United States and countries in Western Europe indicate a negative correlation between the dependency ratio and labor tax rates and the generosity of social transfers, after controlling for other factors that influence the size of the welfare state. This is despite the increased...
Persistent link: https://www.econbiz.de/10012470315
imperfections make future earning a function of current resources. Combined with the politics of redistribution this creates the … potential for multiple steady-states, with mutually reinforcing high inequality and low redistribution, or vice-versa. Temporary …
Persistent link: https://www.econbiz.de/10012473265
redistribution creates more post-tax inequality. The welfare state will encounter severe risks when free migration of people, goods …
Persistent link: https://www.econbiz.de/10012473534
some key marginal districts. This leads to less public goods, less rents for politicians, more redistribution and larger … politicians redistribution, and smaller government. We confront these predictions with cross-country data from around 1990 …
Persistent link: https://www.econbiz.de/10012471964
immigrants or minorities can shape preferences for redistribution. Through the lens of this framework, we review the empirical … literature on the effects of racial diversity and immigration on support for redistribution in the US and Europe …
Persistent link: https://www.econbiz.de/10012479144
We examine the relationship between immigration and attitudes toward redistribution using a newly assembled data set of … immigrants at the regional level, we find that native respondents display lower support for redistribution when the share of …
Persistent link: https://www.econbiz.de/10012479516
Preferences for redistribution, as well as the generosities of welfare states, differ significantly across countries … 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 Germans, even …
Persistent link: https://www.econbiz.de/10012466972
Sweden has a remarkable record in reducing inequality and virtually eliminating poverty. This paper shows that: 1) Sweden achieved its egalitarian income distribution and eliminated poverty largely because of its system of earnings and income determination, not because of the homogeneity of the...
Persistent link: https://www.econbiz.de/10012473954