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extent of redistribution. In this setting, trade liberalization is politically viable as long as the losers from trade are … may be limited political support for redistribution, and those who are left behind by globalization - namely unskilled … - by favoring the ascent of the educated class and thus eroding the political support for redistribution - may ultimately …
Persistent link: https://www.econbiz.de/10012168075
the reasons for being poor. We develop and test a theo-ry about support for redistribution in the presence of target …
Persistent link: https://www.econbiz.de/10011993478
The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
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A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...
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