Showing 1 - 10 of 66
This article attempts to bring consumption into the study of redistributive politics. Analyzing data from 20 OECD countries over the period 1995-2007, I investigate whether factors that allowed lower and middle-income households to sustain their consumption had any impact on governments'...
Persistent link: https://www.econbiz.de/10012940382
This paper analyzes whether changes in the timing of equalizing transfers to state governments necessitate an adjustment in federal corrective policy. According to the existing literature (assuming an ex-ante choice of transfers), the corrective grant is equal to the marginal damage/benefit...
Persistent link: https://www.econbiz.de/10012779700
In a world of high capital mobility, governments may be tempted to undercut each other's capital income taxes to attract capital from abroad. Since such tax competition may have detrimental effects for all countries, European policy makers have debated the introduction of a minimum capital...
Persistent link: https://www.econbiz.de/10014143527
Standard political economy models of redistribution, notably that of Meltzer and Richard (1981), fail to account for the remarkable variance in government redistribution across democracies. We develop a general model of redistribution that explains why some democratic governments are more prone...
Persistent link: https://www.econbiz.de/10012723753
Productivity is a most important determinant of national wealth and standards of living. Scholars have shown that different welfare production regimes pursue distinct human capital formation policies to promote productivity. But do those government policies actually promote the productivity of...
Persistent link: https://www.econbiz.de/10014168510
Leading economic institutions such as the World Bank have argued that liberalization holds the key to growth, poverty alleviation and redistribution. Even recent efforts to model increasing returns within the framework of new growth theories have not resulted in prescriptions for stronge roles...
Persistent link: https://www.econbiz.de/10014173140
Die Regierung eines Landes kann sich zum risikolosen Zins verschulden und in den Weltaktienmarkt investieren. Die Aktienerträge werden an die Bürger des Landes in Form einer sozialen Dividende weitergegeben. Welche Effekte hat diese Politik auf die Wohlfahrt der Bürger?
Persistent link: https://www.econbiz.de/10011658353
This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical literature and provide a framework to incorporate various effects previously studied separately in the literature. We then examine empirical evidence for the US, using the General...
Persistent link: https://www.econbiz.de/10003824787
This paper presents a simple conceptual framework intended for describing individuals' subjective evaluations of occupational wage inequality and their demand for redistribution. Most importantly, the framework explicitly allows for the distinction between individuals' perceptions and their...
Persistent link: https://www.econbiz.de/10003893801
Voters often dismantle constitutional checks and balances on the executive. If such checks and balances limit presidential abuses of power and rents, why do voters support their removal? We argue that by reducing politician rents, checks and balances also make it cheaper to bribe or influence...
Persistent link: https://www.econbiz.de/10009303076