This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled …) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper …

The debate on whether democracy and inequality increase the level of redistribution in a country is still ongoing. We … construct a model that predicts a higher probability of redistribution in democracies than in autocracies. Further, with higher … initial inequality, there should be more redistribution in democracies but not necessarily in autocracies. We test these …

The debate on whether democracy and inequality increase the level of redistribution is ongoing. We construct a model … that predicts higher probability of redistribution in democracies than autocracies through social transfers. Higher … inequality leads to more redistribution in democracies but not necessarily in autocracies. Using the new data on Non …

Voting power in voting situations is measured by the probability of changing decisions by altering the cast 'yes' or … change decisions. This theory is often applied to weighted voting situations, where voters can cast multiple votes. Measuring … reected by a voting game that is not any more simple. We use data from Scotland, Hungary and a number of other countries both …

agents and a welfare state redistributing income. The redistribution scheme is financed by a progressive income tax and gives …

Redistribution is usually understood in terms of income; as a way to rank individuals as well as to determine taxable …