Showing 1 - 10 of 3,059
The author studies the persistence of inequality and inefficient governance in a physical capital accumulation model with perfect information, missing credit markets, and endogenous barriers to entry. When access to investment opportunities is regulated, rent-seeking entrepreneurs form...
Persistent link: https://www.econbiz.de/10012749509
redistribution were consolidated in countries with political democracy and established interest representation. They were lowest in …
Persistent link: https://www.econbiz.de/10014142681
political power at the expenses of the median voter. In particular, investments in lobbying activities allow the rich to obtain … variable taxes and lobbying. In addition, it is established the existence of a transitional dynamics featuring convergence to a … balanced growth path, characterized by constant taxes and lobbying (and a constant growth rate of consumption and capital …
Persistent link: https://www.econbiz.de/10014461501
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 …
Persistent link: https://www.econbiz.de/10010528158
and the extent of redistribution in democratic regimes - though such a link does not exist when objective measures of …
Persistent link: https://www.econbiz.de/10010366191
The debate on whether democracy and inequality increase the level of redistribution is ongoing. We construct a model … that predicts higher probability of redistribution in democracies than autocracies through social transfers. Higher … inequality leads to more redistribution in democracies but not necessarily in autocracies. Using the new data on Non …
Persistent link: https://www.econbiz.de/10011596960
There is abundant evidence on individual preferences for policies that reduce national inequality, but only little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of...
Persistent link: https://www.econbiz.de/10012507321
We examine the effect of prospects of upward mobility (POUM) on the support for redistribution in an intragenerational … negatively affects support for redistribution. Left-wing individuals on the other hand prefer redistribution, regardless of …
Persistent link: https://www.econbiz.de/10011822779
Why do individuals' preferences for redistribution often diverge widely from their material self-interest? Using an … political economy of redistribution and the potential for information interventions to shift support for fiscal adjustment …
Persistent link: https://www.econbiz.de/10014474709
for redistribution. We leverage a quasi-experiment in Finland, where every year on the so-called tax day, the authorities … earnings of the top 10% are unfair, but that public support for redistribution remains largely unaffected. A notable exception … are top earners, who decrease their support for redistribution, and young people, who increase their support for …
Persistent link: https://www.econbiz.de/10014229860