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step, we focus on how risk exposure and income are related to preferences for redistribution. To test our hypotheses, we … redistribution. Institutions, we argue, mediate governments' reactions to redistributional demands following economic shocks. Using …
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on how risk exposure and income are related to preferences for redistribution. To test our hypotheses, we extract … turn our attention to the supply side of government redistribution. Institutions, we argue, mediate governments' reactions …
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aggregate economic activity. The goal of this paper is to study the effects of wealth redistribution from rich to poor … extended to allow for nominal rigidities and parametrized to match the U.S. wealth distribution, wealth redistribution does …
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This study examines the relationships between democratic politics and systematic (or country-specific) financial risk. Low financial risk is crucial to any well-functioning economy, as it encourages capital investment, facilitates growth, and enhances overall economic performance. Up until now,...
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