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I describe a structural method to quantify the contribution of different elements of social choice to the level of redistribution. Estimating a DSGE model with microdata on the support for redistribution, I find that if voters disregarded their ideological views on welfare policies,...
Persistent link: https://www.econbiz.de/10013393544
This paper presents theoretical and empirical evidence on the nexus between corruption and democracy. We establish a political economy model where the effect of democracy on corruption is conditional on income distribution and property rights protection. Our empirical analysis with...
Persistent link: https://www.econbiz.de/10008808082
Perpetual property rights to land, structures, corporations and money allows investors to be overpaid to create inefficiencies and inequities in a way not measured by accountants and little noticed by economists. All intellectual property rights have limited life. Most assets depreciate over...
Persistent link: https://www.econbiz.de/10013124770
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10012908788
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10011905178
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10011891763
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10011895602
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10012912242
This paper presents theoretical and empirical evidence on the nexus between corruption and democracy. We establish a political economy model where the effect of democracy on corruption is conditional on income distribution and property rights protection. Our empirical analysis with...
Persistent link: https://www.econbiz.de/10014186280
Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...
Persistent link: https://www.econbiz.de/10014054223