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unselfish though rational demand for redistribution. This leads the well off to prefer higher taxes and the poor to reject … redistribution by individuals with high income and to a lower demand for redistribution by those with low income. …
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We solve the problem of a social planner who seeks to minimize inequality via transfers with a fixed public budget in a distribution of exogenously given incomes. The appropriate solution method depends on the objective function: If it is convex, as in the case of the absolute mean deviation, it...
Persistent link: https://www.econbiz.de/10011513031
-individual redistribution and between- and within-individual insurance. These components are distinguished from perspective of the start of … against wage and family composition shocks is substantial and highly valued by individuals. Within-individual redistribution …
Persistent link: https://www.econbiz.de/10010388606
Korpi and Palme (1998) famously suggested the existence of a Paradox of Redistribution:although programs targeted to … harmonized by LIS. My results showthat the relationship between the redistribution obtained by social transfers and their pro … the rich are unable to reachdown the income ladder and remain stuck at very low levels of redistribution.This reflects how …
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The debate on whether democracy and inequality increase the level of redistribution is ongoing. We construct a model … that predicts higher probability of redistribution in democracies than autocracies through social transfers. Higher … inequality leads to more redistribution in democracies but not necessarily in autocracies. Using the new data on Non …
Persistent link: https://www.econbiz.de/10011596960
life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings …
Persistent link: https://www.econbiz.de/10012108653
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