This paper examines the political economy of redistribution when voters have asymmetric information about the …

the well-known static pattern of declining marginal utility. As a result, the mechanical value of redistribution is … effects of the mechanical value of redistribution dominate, and the optimal marginal tax rates fall by up to 10 percentage …

Conflicts of interest over the generosity and structure of redistribution and social insurance (jointly: social policy … redistribution increases in the income skew - and that between the safely employed and the unemployed or precariously employed - in … (redistribution/social-insurance), and political participation. This paper represents an attempt to elaborate the nature of these …

We assess the usefulness of stochastic redistribution among a continuum of risk-averse agents with quasilinear … circumstances where stochastic redistribution is socially dominated by the deterministic policy where after-tax income lotteries are …

fiscal policies that achieve a desired degree of redistribution in society. We find that marginal tax rates on the top 1% of …

redistribution and retraining - that arguably characterize many reform packages. We analyse the interaction of compensatory … redistribution and retraining programmes, and demonstrate that the provision of redistributive programmes might distort incentives …. Conversely, it may be possible for an economic reform to win political support in the absence of compensatory redistribution …