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demands more redistribution. Adverse shocks, like earthquakes, strengthen the belief that random “bad luck” can frustrate the … redistribution. We then present evidence of this behavior by exploiting a natural experiment provided by one of the strongest seismic … with survey data about individual opinions on redistribution collected a few months later. The empirical analysis …
Persistent link: https://www.econbiz.de/10011957007
quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases … redistribution and lowers institutional quality. The effect of the former is to increase productive investment, and the effect of the … in a panel of countries, the paper finds that inequality has a negative effect on both institutional quality and …
Persistent link: https://www.econbiz.de/10010278272
carbon emission reduction than redistribution (inequality reduction by transfers). However, those countries who contribute …This study investigates the relationship between distinct types of inequality and CO2 emissions using panel data on 156 … that pre-distribution (inequality reduction by structural changes and social protection) is better aligned with the goal of …
Persistent link: https://www.econbiz.de/10014577324
wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class …
Persistent link: https://www.econbiz.de/10011430034
inequality and redistribution. Not surprisingly, the effective level of redistribution (after tax-and-transfer inequality) is … objective dimension of inequality and redistribution are, at least partially, linked with individuals' political preferences and … their voting behavior. The association between objective and subjective measures of inequality and redistribution vanishes …
Persistent link: https://www.econbiz.de/10010316895
Can taxes on consumption redistribute in developing countries? Contrary to consensus, we show that taxing consumption is progressive once we account for informal consumption. Using household expenditure surveys in 32 countries we proxy for informal consumption using the type of store where...
Persistent link: https://www.econbiz.de/10014480353
redistribution, do not compete with immigrants in the labor market, and do not compete with immigrants for publicly financed income …
Persistent link: https://www.econbiz.de/10010335967
This article analyzes income redistribution in the inter-ethnic context. The model shows that redistribution in favor … demonstrates that income redistribution, although financed by taxes levied on the skilled, generates a mechanism that, via its …
Persistent link: https://www.econbiz.de/10010336073
Foreign price shocks have significant effects on functional income distribution and on inflation inequality. By … with an inflation-targeting regime. We investigate the impacts of foreign price shocks on income and inflation inequality … shock increases the profit share and the within-workers inequality (in real terms), since low-wage workers are more affected …
Persistent link: https://www.econbiz.de/10014000446
United States (1921-2012) to estimate two Gini-like indices representing inequality at the bottom and the top of the income … to be mostly explained by an increase in inequality at the bottom of the income distribution, which more than offsets the … decrease in inequality at the top. The implication is that middle incomes gained relative to high incomes, but especially …
Persistent link: https://www.econbiz.de/10010513028