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; redistribution ; market liberalization ; trust …Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … citizens' support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy …
Persistent link: https://www.econbiz.de/10003722148
The linkage between income inequality and citizens’ support for democracy has widely been discussed in the literature … concept of democracy while overall income inequality has no statistically significant effect. This observation can be … rationalized by citizens regarding democracy as a means to achieve equality of opportunity rather than simply as a vehicle for …
Persistent link: https://www.econbiz.de/10014091009
Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … citizens' support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy …, provided that they trust political institutions. Our findings suggest that one solution to the recent electoral backlash of …
Persistent link: https://www.econbiz.de/10013325128
Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … citizens’ support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy …, provided that they trust political institutions. Our findings suggest that one solution to the recent electoral backlash of …
Persistent link: https://www.econbiz.de/10005822609
Populist movements increasingly challenge liberal Western market democracies. Populism can be explained only in part by phenomena like globalization and digitization producing winners and losers in economic terms. Growing feelings of alienation from the market-democratic system and the perceived...
Persistent link: https://www.econbiz.de/10014455539
This survey documents the different arguments discussed in the academic literature on whether and how economic inequality and the emergence and stability of democratic political systems are connected. While early research in this domain has often focused on new and emerging democracies, this...
Persistent link: https://www.econbiz.de/10012145429
How do political crises affect the interaction between economic and political outcomes? In this paper, we study one of the consequences of political turmoil by empirically examining whether the Arab Spring influenced the relationship between corruption and income inequality. Using panel data...
Persistent link: https://www.econbiz.de/10014344326
of the quality of a democracy. The main novelty of the paper lies in its methodology: it applies to a single country … main finding is that a higher level of income inequality impacts negatively on citizens' satisfaction with democracy and …
Persistent link: https://www.econbiz.de/10011729102
and political trust both lead to fiscal policy preferences that constrain effective redistribution. Electoral …
Persistent link: https://www.econbiz.de/10014529758
Supporters of left-wing parties typically place more emphasis on redistributive policies than right-wing voters. I investigate whether this difference in tolerating inequality is amplified by suspicious success - achievements that may arise from cheating. Using a laboratory experiment, I...
Persistent link: https://www.econbiz.de/10011899249