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redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general …
Persistent link: https://www.econbiz.de/10011563113
Persistent link: https://www.econbiz.de/10011548406
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
There is growing evidence on the roles of fairness and social preferences as fundamental human motives, in general, as …
Persistent link: https://www.econbiz.de/10012724410
the importance of fairness in explaining redistribution …
Persistent link: https://www.econbiz.de/10012770856
This paper tests various hypotheses about distributive politics by studying the distributionof federal spending across U.S. states over the period 1978-2002. We improve onprevious work by using survey data to measure the share of voters in each state that areDemocrats, Republicans, and...
Persistent link: https://www.econbiz.de/10005796071
This paper tests various hypotheses about distributive politics by studying the distribution of federal spending across U.S. states over the period 1978-2002. We improve on previous work by using survey data to measure the share of voters in each state that are Democrats, Republicans, and...
Persistent link: https://www.econbiz.de/10011071348
This paper analyzes the role of narrowly selfish and other-regarding preferences for the median voter in a Meltzer-Richard (1981) framework. We use computerized and real human co-players to distinguish between these sets of motivations. Redistribution to real co-players has a negative effect on...
Persistent link: https://www.econbiz.de/10013122867
This paper examines the political economy of redistribution when voters have asymmetric information about the redistributive preferences of politicians and the latter cannot make credible policy commitments. The candidates in each party are endogenously selected by a process of Nash Bargaining...
Persistent link: https://www.econbiz.de/10012771452
Conflicts of interest over the generosity and structure of redistribution and social insurance (jointly: social policy) include that between the relatively poor and wealthy - which yields the familiar result that median-voter demand for broad redistribution increases in the income skew - and...
Persistent link: https://www.econbiz.de/10014219906