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unions and, more importantly, political parties) and economic institutions that allow actors to coordinate their activities … redistribution. …
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redistribution that our model generates match salient stylized facts. In contrast to the standard view that inefficiencies are … unavoidable when implementing redistributive policies, we argue that redistribution may be a means to disguise inefficient …
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The paper examines how political institutions in comparison to legal, social and economic institutions fare with …
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redistribution. While theoretical papers show that income inequality increases redistribution, empirical studies fail to confirm the … same result. The paper later shows that even an exogenously given efficiency of redistributive institutions (ERI) affects … the relationship between income inequality and redistribution. This paper also introduces three specifications to …
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