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competition. Three models are considered: Taxation and Redistribution, Public Goods, and Fixed Prices. In each case, the value …
Persistent link: https://www.econbiz.de/10014024487
redistribution and retraining - that arguably characterize many reform packages. We analyse the interaction of compensatory …. Conversely, it may be possible for an economic reform to win political support in the absence of compensatory redistribution … redistribution and retraining programmes, and demonstrate that the provision of redistributive programmes might distort incentives …
Persistent link: https://www.econbiz.de/10011611222
' policy choices by transferring money to them. We observe very high levels of redistribution - even when transfers to …
Persistent link: https://www.econbiz.de/10010269668
equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …' policy choices by transferring money to them. We observe very high levels of redistribution - even when transfers to …
Persistent link: https://www.econbiz.de/10003910210
fund capture. A model is presented where rich voters can block redistribution by buying the votes of some poor voters. In … equilibrium there is only limited redistribution and income tax rates are a negative function of government corruption. When rich …. -- tax rates ; vote-buying ; lobbying ; government corruption …
Persistent link: https://www.econbiz.de/10009736634
We study the interaction between competitive markets and income redistribution that reallocates unequal pre-tax market … (DA) with exogenous zero or full redistribution. In another setup, after trading, they vote on redistributive tax policies … in a majoritarian election with two competing candidates. This results in virtually full redistribution, even when …
Persistent link: https://www.econbiz.de/10011056101
by focusing on reapportionment associated with the electoral reform in Japan. First, we show that the reform of 1994 …
Persistent link: https://www.econbiz.de/10014184145
Income inequality in China is severe; measured by the Gini-coefficient it amounted to 0.46 in 2011; wealth distribution is even worse with 0.61. These disparities led to a major shift in emphasis of politics in general and of the Five-Year Plan for National Economic and Social Development by the...
Persistent link: https://www.econbiz.de/10009526191
Citizens' preference for redistribution determines many key political economy outcomes. In this project, we aim to … understand how do ancestors' redistributive experiences affect the descendants' preference for redistribution. We conduct a … government redistribution. We show that the treatment effect is not driven by changes in apolitical preferences, beliefs of …
Persistent link: https://www.econbiz.de/10013001107
redistribution were consolidated in countries with political democracy and established interest representation. They were lowest in …
Persistent link: https://www.econbiz.de/10014142681