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life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings …
Persistent link: https://www.econbiz.de/10012108653
redistribution and retraining - that arguably characterize many reform packages. We analyse the interaction of compensatory … redistribution and retraining programmes, and demonstrate that the provision of redistributive programmes might distort incentives …. Conversely, it may be possible for an economic reform to win political support in the absence of compensatory redistribution …
Persistent link: https://www.econbiz.de/10011611222
A community faces the obligation of providing an indivisible public good that each of its members is able to provide at a certain cost. The solution is to rely on the member who can provide the public good at the lowest cost, with a due compensation from the other members.This problem has been...
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theory of redistribution systems and its part – the theory of parallel redistribution games … of which are the principal-agent and rent-seeking theories. In this paper, we argue that the principal-agent theory has … the importance of the agents for the survival of their environment. The rent-seeking theory, on the other hand, finds it …
Persistent link: https://www.econbiz.de/10013090395
theory of redistribution systems and its part - the theory of parallel redistribution games … of which are the principal-agent and rent-seeking theories. In this paper, we argue that the principal-agent theory has … the importance of the agents for the survival of their environment. The rent-seeking theory, on the other hand, finds it …
Persistent link: https://www.econbiz.de/10013091062