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This paper deals with fiscal policy over the business cycle when international financial markets are imperfect. I document evidence that government expenditure tends to be more procyclical the higher is the borrowing cost for a sovereign. Decomposing government expenditure components shows that...
Persistent link: https://www.econbiz.de/10010341002
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/10010365909
We explore the impact of the self-serving bias on the supply and demand for redistribution. We present results from an … experiment in which participants decide on redistribution after performing a real effort task. Dependent on individual … external factors. Participants take two redistribution decisions. First, they choose a supply of redistribution in a situation …
Persistent link: https://www.econbiz.de/10011434294
This paper analyzes voting on a linear income tax which is redistributed lump sum to the taxpayers. Individuals can evade taxes, which leads to penalties if evasion is detected. Since preferences satisfy neither single peakedness nor single crossing, an equilibrium may not exist. When it does...
Persistent link: https://www.econbiz.de/10011437454
Persistent link: https://www.econbiz.de/10011441323
), that higher levels of income inequality are associated with more terrorism. Consistent with relative deprivation theory, we … terrorism to voice dissent and achieve a redistribution of wealth. Furthermore, we provide evidence of an indirect effect of …
Persistent link: https://www.econbiz.de/10011444494
Gender differences in voting patterns and political attitudes towards redistribution are well-documented. The … experiments on preferences for redistribution conducted in the U.S. and several European countries to disentangle these potential …
Persistent link: https://www.econbiz.de/10011523572
that increased mobility of production factors will pose a severe threat to redistribution possibility is less acute than it …
Persistent link: https://www.econbiz.de/10011527348
This paper uses a laboratory experiment to explore individuals' motivations for redistribution. The laboratory results … show that as income uncertainty diminishes, participants become more extreme in their preferences for redistribution. The … findings suggest that for most people, the motivation for redistribution is financial self-interest - namely as insurance …
Persistent link: https://www.econbiz.de/10011543750
government redistribution to be a function of the income of the median voter. Because turnout has fallen drastically in the …
Persistent link: https://www.econbiz.de/10011547865