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redistribution than appointed bureaucrats. It uses the example of patronage jobs in the U.S. local governments to provide empirical … of politicians, which is consistent with younger bureaucrats having stronger career concerns …The paper argues that for political reasons elected politicians are more likely to be engaged in targeted …
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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
inequality and low redistribution can coexist. The theory's assumptions and outcomes are explored empirically using individual …
Persistent link: https://www.econbiz.de/10009684131
inequality and low redistribution can coexist. The theory's assumptions and outcomes are explored empirically using individual …
Persistent link: https://www.econbiz.de/10013087890
Persistent link: https://www.econbiz.de/10000146425
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 …
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