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We study the effect of power sharing over income redistribution among different socio-economic groups in a model of …
Persistent link: https://www.econbiz.de/10011563113
We investigate redistributive taxation in a political economy experiment and determine how different patterns of social …
Persistent link: https://www.econbiz.de/10013131968
We study democratization, coups and trade policy determination in an environment marked by intra-elite conflict over trade policy by taking a simple general equilibrium model of an open economy and combining it with the Acemoglu-Robinson model of democratization. Unlike the approaches taken in...
Persistent link: https://www.econbiz.de/10013132536
. Redistribution to real co-players has a negative effect on the median voter's tax rate choice. Further, perceived income mobility … decreases the desired amount of redistribution. Our results suggest the importance of concerns about own mobility as well as …
Persistent link: https://www.econbiz.de/10013122867
In standard political economy models, voters are self-interested i.e. care only about own utility. However, the emerging evidence indicates that voters often have other-regarding preferences (ORP), i.e., in deciding among alternative policies voters care about their payoffs relative to others....
Persistent link: https://www.econbiz.de/10012723854
There is growing evidence on the roles of fairness and social preferences as fundamental human motives, in general, as well as in voting contexts. In contrast, models of political economy are based on selfish-voters who derive utility solely from own payoffs. We examine the implications of...
Persistent link: https://www.econbiz.de/10012724410
The celebrated relation between inequality and redistribution is based on selfish voters who care solely about own … redistribution. We reexamine the relation between inequality and redistribution, within a simple general equilibrium model, when … can lead to increased redistribution (which implies a countercyclical social spending to GDP ratio). Third, we show that …
Persistent link: https://www.econbiz.de/10012770856
This paper examines the political economy of redistribution when voters have asymmetric information about the …
Persistent link: https://www.econbiz.de/10012771452
We analyze a political competition model of redistributive policies. We provide an equilibrium existence result and a full characterization of the net transfers to the different income groups. We also derive several testable predictions about the way in which the net group transfers and the...
Persistent link: https://www.econbiz.de/10012854035
We investigate redistributive taxation in a political economy experiment and determine how different patterns of social …
Persistent link: https://www.econbiz.de/10010990334