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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
immigration issue in European countries, is having on the degree of redistribution and the size of the public sector that is …
Persistent link: https://www.econbiz.de/10011527493
Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on … the median voter's preferred amount of redistribution and the probability to serve the median voter increases with the … redistribution. Political absenteeism of the poor cannot explain such outcomes. Rather, they can be explained by the electoral …
Persistent link: https://www.econbiz.de/10011307797
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
and inequality. Finally, from the point of view of labor markets, by aiming to reduce perceived tax-wedges. This could be …
Persistent link: https://www.econbiz.de/10010229925
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
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