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Inequality, Mobility and Redistributive Politics
Arawatari, Ryo; Ono, Tetsuo - Graduate School of Economics, Osaka University - 2009
This paper develops a model where income inequality and intergenerational mobility are jointly determined via redistributive politics. The model includes two key factors: accessibility of tertiary education for poor-born agents and multiple, selffulfilling expectations of agents. Given these...
Persistent link: https://www.econbiz.de/10008623450
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Monetary policy and redistribution: What can or cannot be neutralized with Mirrleesian taxes
Gahvari, Firouz; Micheletto, Luca - Nationalekonomiska Institutionen, Uppsala Universitet - 2012
This paper develops an overlapping-generations model with heterogeneous agents in terms of earning ability and cash-in-advance constraint. It shows that tax pol- icy cannot fully replicate or neutralize the redistributive implications of monetary policy. While who gets the extra money becomes...
Persistent link: https://www.econbiz.de/10009651892
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Inequality, mobility and redistributive politics
Arawatari, Ryo; Ono, Tetsuo - In: Journal of Economic Theory 148 (2013) 1, pp. 353-375
This paper develops a model where income inequality and intergenerational mobility are jointly determined via redistributive politics. The model includes two key factors: accessibility of tertiary education for poor-born agents and multiple self-fulfilling expectations of agents. Given these...
Persistent link: https://www.econbiz.de/10010616899
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Intergenerational Redistribution with Asymmetric Information: the Case of Non-Observable Savings
Lorz, Oliver - Institut für Weltwirtschaft (IfW) - 1999
This paper analyzes intergenerational redistribution in a 2-period overlapping-generations model of a representative … democracy. The model incorporates redistribution between generations and redistribution within generations, allowing for … political economy equilibrium is not Pareto-efficient. Redistribution results in equal consumption levels of individuals with …
Persistent link: https://www.econbiz.de/10005700602
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Social Security and Redistribution Within Generations in an Overlapping-Generations Model
Lorz, Oliver - Institut für Weltwirtschaft (IfW) - 1999
democracy with asymmetric information. The model considers not only redistribution between generations but also redistribution …, consumption levels are perfectly equalized within both generations. Second, a redistribution bias exists in favor of the old …
Persistent link: https://www.econbiz.de/10005818784
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The Political Economy of Intra- and Intergenerational Redistribution with Asymmetric Information
Lorz, Oliver - Institut für Weltwirtschaft (IfW) - 1999
In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous …
Persistent link: https://www.econbiz.de/10005818844
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Theorien sozialer Ungleichheit
Kirchhoff-Hund, Bärbel - 1981 - 1. - 2. Tsd.
Persistent link: https://www.econbiz.de/10004583150
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Social inequality : classical and contemporary theorists
Grabb, Edward G. - 1984
Persistent link: https://www.econbiz.de/10004023111
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A Single-Mindedness model with n generations
Emanuele, Canegrati - Volkswirtschaftliche Fakultät, … - 2007
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I …
Persistent link: https://www.econbiz.de/10005835397
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Money, Tobin Effect, and Incerasing Returns
Basci, Erdem; Erdogan, Ayse M.; Saglam, Ismail - Volkswirtschaftliche Fakultät, … - 2006
This paper shows that unregulated decentralized equilibrium is viable under increasing returns technologies in an overlapping generations model of production with cash-in-advance constraints. We also demonstrate that the model exhibits both the Tobin effect and the reverse Tobin effect.
Persistent link: https://www.econbiz.de/10005836089