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The relationship between inequality and redistribution is usually studied under the assumption that the government …
Persistent link: https://www.econbiz.de/10011402700
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
What matters for individuals' preferences for redistribution? In this paper we show that consequentialist beliefs about … shape a distinct conversation about redistribution. …
Persistent link: https://www.econbiz.de/10014383934
The debate on whether democracy and inequality increase the level of redistribution is ongoing. We construct a model … that predicts higher probability of redistribution in democracies than autocracies through social transfers. Higher … inequality leads to more redistribution in democracies but not necessarily in autocracies. Using the new data on Non …
Persistent link: https://www.econbiz.de/10011596960
We investigate the geographical concentration of representatives and the distribution of fiscal transfers both theoretically and empirically. We develop a model which predicts that funds to an area are positively correlated with the number of representatives residing in that area. Our empirical...
Persistent link: https://www.econbiz.de/10010489270
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redistribution. Estimating a DSGE model with microdata on the support for redistribution, I find that if voters disregarded their … ideological views on welfare policies, redistribution in the US would increase 117%. Because ideology is a more important … on redistribution. Among the drivers of ideology, I find that racial animosity and distrust of the government contributes …
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