Showing 41 - 50 of 82,222
We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution … the net gain that low-skill agents obtain from income redistribution, which only the Left (but not the Right) can credibly … damaging the lower classes. -- political entrenchment ; constituencies ; inequality ; inefficient redistribution ; checks and …
Persistent link: https://www.econbiz.de/10009535765
We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution … the net gain that low-skill agents obtain from income redistribution, which only the Left (but not the Right) can credibly …
Persistent link: https://www.econbiz.de/10013107694
Why do voters agree to bear the costs of bailing out other countries? Despite the prominence of public opinion in the ongoing debate over the eurozone bailouts, voters' preferences on the topic are poorly understood. We conduct the first systematic analysis of this issue using observational and...
Persistent link: https://www.econbiz.de/10013091233
The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and …
Persistent link: https://www.econbiz.de/10012784101
) increases. Further evidence shows that nationalism today affects future redistribution. In countries with a high poor population …, a one percentage point increase in left nationalism will reduce redistribution in four years time by 0.8-1.6%. In … countries with a low poor population, right nationalism will increase redistribution in four years time by 0.8-2.9%. Some …
Persistent link: https://www.econbiz.de/10012952857
Are differences in preferences for redistribution between right and left wing voters amplified because of … to convergence in preferences for redistribution and charitable giving between right and left wing voters. The effect …
Persistent link: https://www.econbiz.de/10012889976
We study the political consequences of a major land reform in Italy, which split large estates and transferred land to small owners. Using a panel spatial regression discontinuity design, we show that the reform benefited the incumbent Christian Democrat party. The electoral benefits persist for...
Persistent link: https://www.econbiz.de/10012892727
The goal of this paper is to study the effects of introducing income redistribution at the municipal level, with the … decentralizing income redistribution as it may lead to consistent tax manipulation and large distortions in fiscal policy …
Persistent link: https://www.econbiz.de/10012872066
We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies … that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution … in democracies. In democratic settings, generic redistribution games lack equilibria. Structure-inducing rules that give …
Persistent link: https://www.econbiz.de/10012977205
the national government to address inequality through redistribution by providing them with information about inequality … preferences for redistribution are only elastic to information in some countries and in the United States both types of … information lowered support for redistribution. Secondly, in middle income countries, information about people's position in the …
Persistent link: https://www.econbiz.de/10012929983