redistribution and retraining - that arguably characterize many reform packages. We analyse the interaction of compensatory …. Conversely, it may be possible for an economic reform to win political support in the absence of compensatory redistribution … redistribution and retraining programmes, and demonstrate that the provision of redistributive programmes might distort incentives …

equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …' policy choices by transferring money to them. We observe very high levels of redistribution - even when transfers to …

fund capture. A model is presented where rich voters can block redistribution by buying the votes of some poor voters. In … equilibrium there is only limited redistribution and income tax rates are a negative function of government corruption. When rich …. -- tax rates ; vote-buying ; lobbying ; government corruption …

, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic …

licensing, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and …

base years, the more successful a pension reform the country achieved (after controlling for other factors, such as … demography). Our analysis shows that the reform effort varies widely across countries and over time. Indeed, only three countries … paper, we analyze factors that may facilitate or hamper pension reform quality of fiscal institutions, public debt, trade …

base years, the more successful a pension reform the country achieved (after controlling for other factors, such as … demography). Our analysis shows that the reform effort varies widely across countries and over time. Indeed, only three countries … paper, we analyze factors that may facilitate or hamper pension reform quality of fiscal institutions, public debt, trade …