This paper analyzes intergenerational redistribution in a 2-period overlapping- generations model that allows for … political economy equilibrium is not Pareto-efficient. Redistribution results in equal consumption levels of individuals with …

In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous …

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 …

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 …

This paper examines the political economy of redistribution when voters have asymmetric information about the …

In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous …

the well-known static pattern of declining marginal utility. As a result, the mechanical value of redistribution is … effects of the mechanical value of redistribution dominate, and the optimal marginal tax rates fall by up to 10 percentage …

Conflicts of interest over the generosity and structure of redistribution and social insurance (jointly: social policy … redistribution increases in the income skew - and that between the safely employed and the unemployed or precariously employed - in … (redistribution/social-insurance), and political participation. This paper represents an attempt to elaborate the nature of these …