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redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
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How does a redistribution of trade gains affect welfare when income inequality matters? To answer this question, we … extend the [1] model to unionized labor markets and heterogeneous workers. As redistribution schemes, we consider … redistribution scheme is to finance unemployment benefits by a wage tax. …
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The debate on whether democracy and inequality increase the level of redistribution in a country is still ongoing. We … construct a model that predicts a higher probability of redistribution in democracies than in autocracies. Further, with higher … initial inequality, there should be more redistribution in democracies but not necessarily in autocracies. We test these …
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