Showing 1 - 10 of 52
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their …
Persistent link: https://www.econbiz.de/10009221559
No voters cast their votes based on perfect information, but better educated and richer voters are on average better informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of poor voters, and cause parties to choose political...
Persistent link: https://www.econbiz.de/10009324089
of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …
Persistent link: https://www.econbiz.de/10008671705
Whether observed differences in redistributive policies across countries are the result of differences in social preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To shed new light on this question, we estimate labor...
Persistent link: https://www.econbiz.de/10009228621
This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform’s initial success having a negative impact...
Persistent link: https://www.econbiz.de/10010743449
Regional productivity differences provide scope for productivity-enhancing labor mobility. Redistribution reduces …, productivity-enhancing migration margin, we determine how regional inequality and labor mobility affect optimal redistribution …
Persistent link: https://www.econbiz.de/10011120471
the relationship between income redistribution (measured by the ratio of the income distribution resulting from market … processes and the income distribution after redistribution) and ethno-linguistic fractionalization. We find that the impact of … ethno-linguistic fractionalization on income redistribution is conditional on the level of economic freedom: countries that …
Persistent link: https://www.econbiz.de/10011124890
This paper develops an overlapping-generations model with heterogeneous agents in terms of earning ability and cash-in-advance constraint. It shows that tax policy cannot fully replicate or neutralize the redistributive implications of monetary policy. While who gets the extra money becomes...
Persistent link: https://www.econbiz.de/10009645639
The paper provides an equilibrium analysis of how countries compete for migrants. The type of competition (tax or transfer competition) depends on whether the competing countries have similar policy preferences. With symmetric preferences, countries compete in taxes for migrants. With asymmetric...
Persistent link: https://www.econbiz.de/10009645653
Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are … preferences for redistribution and effort choices simultaneously. While respondents with stronger preferences for redistribution … redistribution choices even increase in imposed effort. Those with higher ability are willing to help the needy if earning income …
Persistent link: https://www.econbiz.de/10010547897