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Why do political constituencies delegate decision power to representative assemblies? And how is the size of such assemblies determined? We analyze these questions of constitutional design in a model with voters learning their preferred alternative only after engaging in costly information...
Persistent link: https://www.econbiz.de/10010263053
The German experience of the crisis was very different compared to those of most other countries in Europe. Germany was hit by a very strong shock which was relatively concentrated in the exporting, manufacturing industries. In addition, the German labour market was very resilient during the...
Persistent link: https://www.econbiz.de/10011286043
Using four waves of the European Social Survey, we analyze the association of income inequality and redistribution with … the process, the extent of redistribution, what lead to that state. These impacts are different in Eastern and Western … Europe. Inequality aversion and the positive effect of redistribution seem to be stronger also for less affluent members of …
Persistent link: https://www.econbiz.de/10009764556
association of reduction of income inequality (redistribution) with subjective wellbeing. Their results provide evidence that … not only the outcome (inequality), but also the procedure (redistribution) that leads to the outcome influences subjective … positive effect of redistribution seems to be stronger for less affluent members of the societies and left-wing oriented …
Persistent link: https://www.econbiz.de/10010357364
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...
Persistent link: https://www.econbiz.de/10011436192
wage setting and fiscal redistribution policy. We find that search frictions are less important for wages of the low …) gaining due to the redistribution. …
Persistent link: https://www.econbiz.de/10011541119
association of reduction of income inequality by governmental taxes and transfers (redistribution) with subjective well … its reduction, their results might indicate that not only the outcome (inequality), but also the procedure (redistribution … redistribution is stronger for less affluent members of the society and left-wing oriented individuals. While post …
Persistent link: https://www.econbiz.de/10010420030
This paper is an empirical overview of inequalities of pension outcomes in six European countries, which are shaped by a variety of institutional pensions schemes. The study contrasts pension system regulation in Denmark, Finland, Germany, Italy, Sweden and the United Kingdom; and analyses their...
Persistent link: https://www.econbiz.de/10010422868
By using estimates from an Almost Ideal Demand System (AIDS), we investigate how the German energy tax on car fuels changes the private households-CO2 emissions, living standards, and post-tax income distribution. Our results show that the tax implies a trade-off between the aim to reduce...
Persistent link: https://www.econbiz.de/10010483410
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...
Persistent link: https://www.econbiz.de/10011406589