Showing 1 - 10 of 688
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth affect the labor income distribution of the next generation? We tackle both questions empirically using detailed intergenerational data from Norway, focusing on effects on wages...
Persistent link: https://www.econbiz.de/10012597127
I propose a framework in which individual political participation can take two distinct forms, voting and contributing resources to campaigns, in a context in which the negligible impact of any individual's actions on aggregate outcomes is fully recognized by all agents. I then use the framework...
Persistent link: https://www.econbiz.de/10010574319
The article examines conditions, under which the degree of democratization influences environmental policy outcomes, with a given resource endowments' heterogeneity as a crucial feature of a politico-economic process. We develop an OLG model with pollution as an aggregate externality. The...
Persistent link: https://www.econbiz.de/10010262943
In well-functioning democracies, the policymaking process should in principle respond to persistent economic inequality with corrective policies. This process is set in motion through majority demands for redistributive taxation and spending that elected representatives eventually supply through...
Persistent link: https://www.econbiz.de/10014563977
This paper uses pseudo panel techniques and a fixed effects estimator to analyse the determinants of preferences for redistribution in 34 European countries over the period 2002-2012. The data is drawn from the six available waves of the European Social Survey. The main result is that changes in...
Persistent link: https://www.econbiz.de/10011427765
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10012148202
This paper uses pseudo panel techniques and a fixed effects estimator to analyse the determinants of preferences for redistribution in 34 European countries over the period 2002-2012. The data is drawn from the six available waves of the European Social Survey. The main result is that changes in...
Persistent link: https://www.econbiz.de/10011417134
Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10010381041
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013112981
Nationalism and income inequality are two of the most pressing economic and political issues of the time. This paper establishes how these two variables are interconnected. A theoretical model combines a two-dimensional policy space with social identification to explain the optimal nationalism...
Persistent link: https://www.econbiz.de/10012952857