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We develop a quantitative theory of repeated political transitions driven by revolts and reforms. In the model, the …
Persistent link: https://www.econbiz.de/10012864275
regime changes are often followed by redistribution to the poor at the expense of the former elite. We argue that the reason … why the elite may have to resort to full-scale democratization, despite its apparent costs to themselves, may be that …Regimes controlled by a rich elite often collapse and make way for democracy amidst widespread social unrest. Such …
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; Political Economy ; Redistribution …
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We conduct a laboratory experiment to study how demand for redistribution of income depends on self-interest, insurance … is affected by redistribution. We estimate utility weights for the different sources of demand for redistribution, with …
Persistent link: https://www.econbiz.de/10009781859
redistribution. Estimating a DSGE model with microdata on the support for redistribution, I find that if voters disregarded their … ideological views on welfare policies, redistribution in the US would increase 117%. Because ideology is a more important … on redistribution. Among the drivers of ideology, I find that racial animosity and distrust of the government contributes …
Persistent link: https://www.econbiz.de/10013393544
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