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We study a simple model of production, accumulation, and redistribution, where agents are heterogeneous in their …
Persistent link: https://www.econbiz.de/10012734127
This paper provides a positive analysis of public provision of excludable public goods financed by uniform taxes or …-skewed distributions of preferences choose taxes, while a majority coalition of high and low preference individuals prefer fees when … preferences are sufficiently right-skewed. Public good provision under fees exceeds that under taxes in the latter case. …
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The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and … allow for majority voting on the length of electoral periods. Finally, we extend the model to encompass retirement and baby …
Persistent link: https://www.econbiz.de/10003202910
redistribution policies. The interaction of the two effects has so far not been analyzed in isolation. We find that the direction of … and redistribution levels. …
Persistent link: https://www.econbiz.de/10003113320