The Political Economy of Redistribution Policy

Author:

Bellani Luna,Ursprung Heinrich

Abstract

The authors review the literature on the public-choice analysis of redistribution policies. They restrict the discussion to redistribution in democracies and focus on policies that are pursued with the sole objective of redistributing initial endowments. Since generic models of redistribution in democracies lack equilibria, one needs to introduce structure-inducing rules to arrive at a models whose behavior realistically portrays observed redistribution patterns. These rules may relate to the economic relationships, political institutions, or to firmly established preferences, beliefs, and attitudes of voters. The chapter surveys the respective lines of argument in turn and then present the related empirical evidence.

Publisher

Oxford University Press

Cited by 3 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Local public spending, electoral consensus, and sustainable structural change;Structural Change and Economic Dynamics;2022-12

2. Heinrich W. Ursprung – Herausragender Ökonom, Mentor und Ratgeber;Perspektiven der Wirtschaftspolitik;2021-11-01

3. Mass media and preferences for redistribution;European Journal of Political Economy;2020-06

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