The survival of the welfare state
Article Abstract:
An analysis of a theory formulated to the dynamics of income redistribution where policy is set through repeated voting by forward-looking rational agents and current policy affects future political outcomes through changes in the distribution of voters. The theory provides insights on salient aspects such as, it predicts that welfare state policies and their effects on distribution are persistent, and it suggests that welfare state institutions are intrinsically fragile, since even political majorities benefiting from redistribution may want to strategically vote for policies leading to the dismantlement of the welfare state.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
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The dynamics of the government
Article Abstract:
A study analyzing income redistribution, as characterized by rational voting without commitment, among individuals with different incomes, is presented.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2005
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The macroeconomics of child labor regulation
Article Abstract:
Effects of family income and birth rates on child labor regulations are presented.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2005
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