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and measurement of, redistribution. Amongst the themes are: the potential usefulness of apparently inefficient policy … instruments in overcoming the self-selection constraints on redistribution and limiting the damage that ill …, while there are circumstances in which redistribution may plausibly generate efficiency gains, the likelihood that some …
Persistent link: https://www.econbiz.de/10014024197
If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and … reduction reduces statis inefficiency. On the other hand, standard redistribution also reduces the level of R and D because it … that standard redistribution always dominates limitations to IPRs. …
Persistent link: https://www.econbiz.de/10011415064
Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality …, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense …
Persistent link: https://www.econbiz.de/10011703653
inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary … inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …
Persistent link: https://www.econbiz.de/10010486797
We study fair and efficient tax-benefit schemes based on income and non-income factors under partial control. Partial control means that each factor is a specific mixture of unobserved ability (randomly drawn by nature) and effort (chosen by individuals who differ in tastes). Factors differ in...
Persistent link: https://www.econbiz.de/10010229894
Government redistribution is increasingly important in today's world. The effect of income distribution on … industrialization and growth, and the causes of income redistribution have been studied in the contemporary literature. The normative … significance of income redistribution, however, which is the focus of this paper, has been rarely studied. In this paper we analyze …
Persistent link: https://www.econbiz.de/10014113664
The CNN exit polls after the 2004 election rated moral values the most important issue; next came jobs and the economy. Eighty percent of the voters who rated moral values the most important issue voted for Bush while eighty percent of the voters who rated jobs and the economy the most important...
Persistent link: https://www.econbiz.de/10011527394
We study the political economy of redistribution over a broad class of decision rules. Since the core is generically … full income profile, and in particular, on the preferences of two decisive voters. The effect of increasing inequality on … redistribution depends on the decision rule and the shape of the income distribution; redistribution will increase if both decisive …
Persistent link: https://www.econbiz.de/10012897378
claimed that "the more we target benefits at the poor, the less likely we are to reduce poverty and inequality". The basic … fact become a very weak one. For what it matters, targeting tends to be associated with higher levels of redistribution …
Persistent link: https://www.econbiz.de/10009753045
This paper uses a laboratory experiment to explore individuals' motivations for redistribution. The laboratory results … show that as income uncertainty diminishes, participants become more extreme in their preferences for redistribution. The … findings suggest that for most people, the motivation for redistribution is financial self-interest - namely as insurance …
Persistent link: https://www.econbiz.de/10011543750