Showing 1 - 10 of 2,878
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
Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of … significantly and positively affects preferences for redistribution. On the other hand, living in an area where most citizens do not … stigmatize rent seeking, makes men more favourable to redistribution, which may be seen as a social equalizer in an unfair …
Persistent link: https://www.econbiz.de/10010381041
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
We investigate the geographical concentration of representatives and the distribution of fiscal transfers both theoretically and empirically. We develop a model which predicts that funds to an area are positively correlated with the number of representatives residing in that area. Our empirical...
Persistent link: https://www.econbiz.de/10010489270
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