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Inequality, macroeconomic performance and political polarization : a panel analysis of 20 advanced democracies

Proaño Acosta, Christian; Peña, Juan Carlos; … - 2020

This paper investigates the macroeconomic and social determinants of voting behavior, and especially of political polarization, in 20 advanced countries using annual data ranging from 1970 to 2016 and covering 291 parliamentary elections. Using a panel estimation approach and rolling...

Persistent link: https://www.econbiz.de/10012234679

Tax policy and income inequality in the US, 1979 - 2007

Bargain, Olivier; Dolls, Mathias; Immervoll, Herwig; … - 2014

We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to disentangle the policy effect from changing market incomes. Over the period 1979-2007, the cumulative policy effect aggravated inequality by increasing the income share of the top...

Persistent link: https://www.econbiz.de/10010229895

The political economy of redistribution and (in) efficiency in Latin America and The Caribbean

Altube, Matias Guizzo; Scartascini, Carlos G.; Tommasi, … - 2023

Predominant views on the political economy of Latin America and the Caribbean tend to emphasize that elite domination … “the rich are powerful and they dont like taxes, hence we have little taxation and little redistribution.” That is a good … taxation and non-negligible redistributive efforts. But in some of those cases such redistribution comes hand in hand with …

Persistent link: https://www.econbiz.de/10014546295

Democracy and International Conflict

Vesperoni, Alberto - 2016

income. We explain this process of democratization as a rational way for incumbent elites to wage war effectively on other …

Persistent link: https://www.econbiz.de/10012992613

The Political Sources of Systematic Investment Risk : Lessons from a Consensus Democracy

Bechtel, Michael M. - 2012

This study examines the relationships between democratic politics and systematic (or country-specific) financial risk. Low financial risk is crucial to any well-functioning economy, as it encourages capital investment, facilitates growth, and enhances overall economic performance. Up until now,...

Persistent link: https://www.econbiz.de/10014218171

Social mobility and stability of democracy : re-evaluating De Tocqueville

Acemoglu, Daron; Egorov, Georgij V.; Sonin, Konstantin - 2016

An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when members of a social group expect to join the ranks of other social groups in the near future, they should have less reason to exclude these other groups from the political process. In...

Persistent link: https://www.econbiz.de/10011491901

Income distribution and tax structure : microeconomic test of the Meltzer-Richard hypothesis

Borge, Lars-Erik; Rattsø, Jørn - 2001

. The standard theory assumes that more unequal income distribution will create a majority for more redistribution (Meltzer …

Persistent link: https://www.econbiz.de/10011399685

Biased perceptions of income inequality and redistribution

Engelhardt, Carina; Wagener, Andreas - 2014

and the extent of redistribution in democratic regimes - though such a link does not exist when objective measures of …

Persistent link: https://www.econbiz.de/10010254027

Richer (and holier) than thou? : the effect of relative income improvements on demand for redistribution

Karadja, Mounir; Möllerström, Johanna; Seim, David - 2014

effects on preferences for redistribution of correcting faulty beliefs. We implement a tailor-made survey in Sweden and … income position. Respondents who learn that they are richer than they thought demand less redistribution and increase their … altruism or moral values about redistribution. Moreover, the effect can be reconciled by people with political preferences to …

Persistent link: https://www.econbiz.de/10010407867

Income Distribution and Tax Structure : Microeconomic Test Of The Meltzer-Richard Hypothesis

Borge, Lars-Erik; Rattsø, Jørn - 2021

. The standard theory assumes that more unequal income distribution will create a majority for more redistribution (Meltzer …

Persistent link: https://www.econbiz.de/10013320844