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We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...
Persistent link: https://www.econbiz.de/10005762331
phaseout rates, the uniform redistribution policy is undesirable unless the redistributive tastes of the government are extreme …
Persistent link: https://www.econbiz.de/10005762332
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/10005762372
In this paper we deal with voluntary and compulsory redistribution in an economy where the enforcement of property … equilibrium. We were able to show the following results: (i) In some situations Pareto-improving redistribution occurs voluntarily …
Persistent link: https://www.econbiz.de/10004989601
The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules … of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the … standard legitimization of redistribution as fundamental insurance and interpret it as stemming from a principle of reciprocity …
Persistent link: https://www.econbiz.de/10004989639
The contribution of government transfer programs to inequality is often assessed by analyzing to what extent the benefits paid go to lower income families. Several analysts have found that some key government transfers actually go mostly to middle and high income families and thus contribute to...
Persistent link: https://www.econbiz.de/10004990420
democracy with asymmetric information. The model considers not only redistribution between generations but also redistribution …, consumption levels are perfectly equalized within both generations. Second, a redistribution bias exists in favor of the old …
Persistent link: https://www.econbiz.de/10005818784
In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous …
Persistent link: https://www.econbiz.de/10005818844
The paper analyses how the work integration social enterprises (WISE) of the Walloon Region mix different types of resources and, in that way, how they are embedded in different economic spheres. Indeed, according to Polanyi, we can distinguish three types of resources, each one having its own...
Persistent link: https://www.econbiz.de/10005819344
The paper studies the effects and the determinants of interregional redistribution in a federation of jurisdictions …
Persistent link: https://www.econbiz.de/10004968128