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in time. In politico-economic equilibrium, more inequality (in terms of the skewedness of the distribution) yields a …
Persistent link: https://www.econbiz.de/10005791379
redistribution to finance abatement. By comparing the optimal taxation under alternative political regimes we analyze their … implications for environment, efficiency and growth. We find that left regimes, choosing more progressive redistribution, maintain … better environmental quality, which supports empirical research. Inequality does not appear to be harmful for the environment …
Persistent link: https://www.econbiz.de/10005464760
coefficient, but is exogenous to any behavioral response. Analyzing the effect of this redistribution index on inequality, I find … redistribution and inequality. … create a “simulated tax redistribution index”, which captures the mechanical impact of the changes in tax policy on the gini …
Persistent link: https://www.econbiz.de/10004970062
-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve …-led redistribution to the poor. These patterns suggest that short-run inequality shocks can be reinforced in the labor market but do not …In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …
Persistent link: https://www.econbiz.de/10010945116
Persistent link: https://www.econbiz.de/10011091655
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to … tax policy effect aggravated income inequality by increasing the income share of the top 20% in contrast to the middle … class' share. The tax policy effect accounts for up to 29% of the total change in inequality; its contribution increases up …
Persistent link: https://www.econbiz.de/10011085100
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010957610
and benefits of redistribution through taxes, land reform or public schooling: such policies simultaneously depress …’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …
Persistent link: https://www.econbiz.de/10005123982
according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed …, as well as the specific inequality-growth transmission channel they propose, must therefore be assessed as overly …
Persistent link: https://www.econbiz.de/10005069906
fractionalization and group antagonism reduce the support for redistribution. Whereas within group inequality increases support for … redistribution, inequality between groups has the opposite effect. All these results hold even if a poor group is in majority. Using … increases and between race inequality decreases redistribution. …
Persistent link: https://www.econbiz.de/10005652356