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evolution by enhancing the role of public capital as a redistribution and empowerment device. The governance of public capital …
Persistent link: https://www.econbiz.de/10011454031
evolution by enhancing the role of public capital as a redistribution and empowerment device. The governance of public capital …
Persistent link: https://www.econbiz.de/10012992603
This paper develops a model of centralized public spending where decision-makers are the regional median voters instead of the national median voter of the received literature. Regional representatives decide the level of public spending by bargaining in the central legislature. We study how...
Persistent link: https://www.econbiz.de/10011110177
. I propose to counter this evolution by enhancing the role of public capital as a redistribution and empowerment device …
Persistent link: https://www.econbiz.de/10011555955
Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...
Persistent link: https://www.econbiz.de/10010354844
Are high-ability individuals more likely to quit egalitarian regimes? Does the threat of exit by talented individuals restrict the redistributive capacity of democratic organizations? This paper revisits that long-standing debate by analyzing the interplay between compensation structure and quit...
Persistent link: https://www.econbiz.de/10010229493
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but …
Persistent link: https://www.econbiz.de/10009792220
In this paper we provide a novel justification for the use of minimum wage rules to supplement the optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage rule can be...
Persistent link: https://www.econbiz.de/10010337632
undermine the political viability of free trade. We show that trade-related redistribution increases the political viability of … free trade in the US. We do so by assessing the causal effect of expected redistribution associated with the US Trade …. We find that a one standard deviation increase in redistribution leads to more than a 3% point increase in the …
Persistent link: https://www.econbiz.de/10010339571