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Conflict can cause negative externalities to arise, and this can result in economic loss. Such externalities are also thought to influence individuals' perceptions about economic issues. Acemoglu and Robinson (2000) provide their hypothesis that the political elite extend the franchise to avoid...
Persistent link: https://www.econbiz.de/10010384375
We show that inequality triggers social unrest in rural India. We develop a theoretical framework where social unrest … inequality measure increases by 6.5% the unconditional probability of observing social unrest in a village in a given month. …
Persistent link: https://www.econbiz.de/10014290465
subjects were more "meritocratic" than others. Italian subjects reacted the most to the source of inequality, decreasing demand …-country difference in demand for redistribution and opens new perspectives on what may be considered "fair" or "unfair" inequality in …
Persistent link: https://www.econbiz.de/10011779531
. This result suggests revisiting common narratives on how meritocracy and tolerance of inequality are related. …
Persistent link: https://www.econbiz.de/10013336228
We test for different theories purporting to explain cross-country differences in income redistribution through standardized experimental choices. US Americans and Italians demand less redistribution than Norwegians and Germans, regardless of whether self-interest is relevant. Those earning (or...
Persistent link: https://www.econbiz.de/10013488838
degree of inequality in society and define a steady state to which inequality can converge. By taking the aggregated Gini … recession of 2009/2010 and the Euro crisis of 2010/2015 (1995–2019). Not surprisingly, they found inequality convergence in the …
Persistent link: https://www.econbiz.de/10012692644
Increasing inequality is commonly associated with social unrest and conflict between social classes. This paper reports … the results of a laboratory experiment to study the implications of rising inequality on the tendency to burn others … how fair and transparent this relationship is. The findings indicate that increasing inequality does not per se lead to …
Persistent link: https://www.econbiz.de/10011447229
and decrease inequality within groups. The scarcity pricing mechanism, which is a per-unit tax equal to the marginal …
Persistent link: https://www.econbiz.de/10012932609
find that the two tax and redistribution mechanisms reduce extraction, increase efficiency and decrease inequality within …
Persistent link: https://www.econbiz.de/10012932611
A large strand of research has documented negative behavioral responses to redistribution, like lower effort and wasteful avoidance activity. We report experimental evidence showing a positive effect of redistribution on economic efficiency via the self-enforcement of property rights, and...
Persistent link: https://www.econbiz.de/10013299175