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between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience … appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … typically led to an expansion in redistribution, at least in the small sample of episodes studied. Similarly, and more …
Persistent link: https://www.econbiz.de/10005405913
This working paper advances research on inequality with unique, new data on income distribution in 61 countries …, including 20 Latin American countries, to explore the effects of political parties on redistribution. First, consistent with a … younger and older parties, older left-wing parties are more likely to internalize the long-run costs of redistribution and to …
Persistent link: https://www.econbiz.de/10011240346
political equilibria and acts as a commitment to redistribution. Our theory also offers a novel explanation for the Kuznets … curve in many Western economies during this period, with the fall in inequality following redistribution due to … widespread social unrest and revolution. Political transition, rather than redistribution under existing political institutions …
Persistent link: https://www.econbiz.de/10005791338
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate … democracy and redistribute more than both very equal and very unequal countries. We also show that asset redistribution, such as …
Persistent link: https://www.econbiz.de/10005661707
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of unequality consolidate … democracy and redistribute more than both very equal and very unequal countries. We also show that asset redistribution, such as …
Persistent link: https://www.econbiz.de/10005574256
aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of … that an oligarchy adopting a mass-army may voluntarily decide to promise some amount of income redistribution to its …-compatible redistribution, they may cope with the moral hazard problem of the citizens-soldiers only by relinquishing political power to them …
Persistent link: https://www.econbiz.de/10005077160
This article describes the argumentative structure of Hayek on the relationship between power to tax and redistribution …, works against such a tax model and deploys a variety of arguments in his favorite spot by critics: liberal democracy. …
Persistent link: https://www.econbiz.de/10009294585
democracy. …
Persistent link: https://www.econbiz.de/10009372508
This article describes the argumentative structure of Hayek on the relationship between power to tax and redistribution …, works against such a tax model and deploys a variety of arguments in his favorite spot by critics: liberal democracy. …
Persistent link: https://www.econbiz.de/10009644784
aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of … an oligarchy adopting a mass-army may voluntarily decide to promise some amount of income redistribution to its citizens …-compatible redistribution, they may cope with the moral hazard problem of the citizens-soldiers only by relinquishing political power to them …
Persistent link: https://www.econbiz.de/10005822286