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I suggest that the growing divide between economists on the left and right reflects three factors: epistemic differences (that is, differences in assessing empirical matters), values, and tribalism. I begin by sketching out a simple model to explain the epistemic divide between economists on the...
Persistent link: https://www.econbiz.de/10011152483
In the United States, on matters of the welfare state and the regulatory state, virtually no economist favors one while opposing the other. Such pattern is a common and intuitive impression, and is supported by scatterplots of survey data. But what explains the pattern? Why don’t some...
Persistent link: https://www.econbiz.de/10011152485
investment paves the way to creative emulation. From a welfare perspective, better institutions and wealth redistribution that …
Persistent link: https://www.econbiz.de/10011154686
between problems of public administration efficiency and legitimacy and intensity of political and regional redistribution … based on a progressive personal income tax (IRPEF) and in the action of territorial redistribution policies which aims at …
Persistent link: https://www.econbiz.de/10011157436
Automation and globalization have brought about a tremendous increase in productivity, but also accelerated job destruction, systemic risks, and greater income inequality. Current social policies may not be adequate for achieving the goals of redistributing the gains from automation and...
Persistent link: https://www.econbiz.de/10011185239
inequalities and by public redistribution. It then goes on to discuss,, on the one hand, the reasons why an anti …
Persistent link: https://www.econbiz.de/10011186430
experiment was conducted in soil columns to investigate redistribution of soluble cations through soil profile after reclaiming …
Persistent link: https://www.econbiz.de/10011047652
majority voting on redistribution? Fairness preferences are relevant for redistribution outcomes only if fair-minded voters are … pivotal. Pivotality, in turn, depends on the structure of income classes. We experimentally study voting on redistribution … to matter if the “rich” are in majority. With a “poor” majority, we find that redistribution outcomes look as if all …
Persistent link: https://www.econbiz.de/10011048637
Empirical cross-country evidence suggests that countries position themselves along a sort of Market Regulation (MR)-Social Expenditure (SE) trade-off “line”. Theoretically, it is clear that there exists a certain degree of substitutability between SE and MR, since both can provide a cushion...
Persistent link: https://www.econbiz.de/10011048910
This paper estimates the total value that individuals derive from their state's tax-and-transfer program, and shows how this value varies by income. The paper decomposes this total value into two components: redistributive value, which is due to predictable changes in income (and family...
Persistent link: https://www.econbiz.de/10011056144