Showing 1 - 10 of 171
This paper generalizes the analysis of distributive conflict, politics, and growth developed by by Alesina-Rodrik (1994). We construct a heterogenous-agent framework in which both growth and the distribution of wealth are endogenous. Due to adjustments in the distribution of wealth, the...
Persistent link: https://www.econbiz.de/10011437002
The relationship between inequality and redistribution is usually studied under the assumption that the government …. In this paper we consider what happens if the government can redistribute through both sides of its budget (revenue and …
Persistent link: https://www.econbiz.de/10011402700
Persistent link: https://www.econbiz.de/10012120942
Persistent link: https://www.econbiz.de/10011773826
Persistent link: https://www.econbiz.de/10011774218
IPCC (2022) documents a looming gap between climate goals and implemented policies and points to a lack of political commitment. We study policymakers' incentives to commit. A policymaker decides on a policy to encourage citizens to make investments and determines the degree of flexibility to...
Persistent link: https://www.econbiz.de/10014369623
of government spending to the political system. A Downsian model of electoral competition and forward-looking voting … some key marginal districts. This leads to less public goods, less rents for politicians, more redistribution and larger … government. A model of legislative bargaining and backward-looking voting indicates that presidential - as opposed to …
Persistent link: https://www.econbiz.de/10005419670
This paper analyzes the role of narrowly selfish and other-regarding preferences for the median voter in a Meltzer-Richard (1981) framework. We use computerized and real human co-players to distinguish between these sets of motivations. Redistribution to real co-players has a negative effect on...
Persistent link: https://www.econbiz.de/10010307680
The reformulation of the median voter hypothesis and its testing proposed in Milanovic (2000) has been criticized from four different perspectives. The critiques are discussed and assessed.
Persistent link: https://www.econbiz.de/10010335351
Persistent link: https://www.econbiz.de/10000636031