Showing 1 - 10 of 2,881
This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical … examine empirical evidence for the US, using the General Social Survey, and for a large set of countries, using the World …
Persistent link: https://www.econbiz.de/10012463822
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 … broadly consistent with a view that is different from the traditional median voter model of democratic redistribution …
Persistent link: https://www.econbiz.de/10012458917
their effort, it will chose low redistribution and low taxes. In equilibrium effort will be high, the role of luck limited …
Persistent link: https://www.econbiz.de/10012469200
Economists tend to assume that redistributive transfers increase equity but cause a loss in efficiency, the so-called 'leaky bucket' effect. This paper explores situations where efficiency losses are small or where equity and efficiency might even complement each other. A simple model identifies...
Persistent link: https://www.econbiz.de/10012469895
Equality can multiply due to the complementarity between wage determination and welfare spending. A more equal wage distribution fuels welfare generosity via political competition. A more generous welfare state fuels wage equality further via its support to weak groups in the labor market....
Persistent link: https://www.econbiz.de/10012463573
Older Americans have experienced dramatic gains in life expectancy in recent decades, but an emerging literature reveals that these gains are accumulating mostly to those at the top of the income distribution. We explore how growing inequality in life expectancy affects lifetime benefits from...
Persistent link: https://www.econbiz.de/10012455352
This paper attempts to estimate the size and distribution of tax evasion in rich countries. We combine random audits--the key source used to study tax evasion so far--with new micro-data leaked from large offshore financial institutions--HSBC Switzerland ("Swiss leaks") and Mossack Fonseca...
Persistent link: https://www.econbiz.de/10012453939
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
redistribution. We study the dynamic evolution of different economies in which redistributive policies, perceptions of fairness … inequality, redistribution and growth. We also show how different beliefs about fairness can keep two otherwise identical …
Persistent link: https://www.econbiz.de/10012463062
redistribution in democratic societies. An infinite-horizon theoretical model is developed, and the properties of the equilibrium tax …
Persistent link: https://www.econbiz.de/10012455921