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Persistent link: https://www.econbiz.de/10012593649
voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged …
Persistent link: https://www.econbiz.de/10012965708
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an...
Persistent link: https://www.econbiz.de/10013086320
Korpi and Palme's (1998) classic "The Paradox of Redistribution and Strategies of Equality" claims that universal … preferences for redistribution. We analyze rich democracies like Korpi and Palme, but we also generalize to a broader sample of … share and universalism; (2) redistribution preferences are negatively associated with low-income targeting; and (3 …
Persistent link: https://www.econbiz.de/10012035065
Persistent link: https://www.econbiz.de/10011806669
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the literature have attempted (i) to model different behaviour (in a way that matter for incidence and redistribution of …
Persistent link: https://www.econbiz.de/10011751671
Persistent link: https://www.econbiz.de/10015056371
voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011568762
redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10012756257