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We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...
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the reasons for being poor. We develop and test a theory about support for redistribution in the presence of target …-specific beliefs about the causes of low and high incomes. Our theory predicts that target-specific beliefs about the poor matter most … welfare recipients supports our theory. We also find, in theory, the existence of a moral release equilibrium in which the …
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In an overlapping generations model with two social classes, rich and poor, parents of the different social classes vote on two issues. redistributive policies for them and education investments for their kids.Public education is the engine for growth its effect on human capital; but is also the...
Persistent link: https://www.econbiz.de/10012713937
In an overlapping generations model with two social classes, rich and poor, parents of the different social classes vote on two issues: redistributive policies for them and education investment for their children. Public education is the engine for growth through its effect on human capital; but...
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