An edition of Diversity and redistribution (2005)

Diversity and redistribution

Diversity and redistribution
Fernandez, Raquel Ph.D., Ferna ...
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Last edited by WorkBot
December 15, 2009 | History
An edition of Diversity and redistribution (2005)

Diversity and redistribution

"This paper examines how preference heterogeneity affects the ability of the poor to extract resources from the rich. We study the equilibrium of a game in which coalitions of individuals form parties, parties propose platforms, and all individuals vote, with the winning policy chosen by plurality. Political parties are restricted to offering platforms that are credible (in that they belong to the Pareto set of their members). The platforms specify the values of two policy tools: a general redistributive tax which is lumpsum rebated and a series of taxes whose revenue is used to fund specific (targeted) goods. We show that taste conflict first dilutes but later reinforces class interests. When the degree of taste diversity is low, the equilibrium policy is characterized by some amount of general income redistribution and some targeted transfers. As taste diversity increases in society, the set of equilibrium policies becomes more and more tilted towards special interest groups and against general redistribution. As diversity increases further, however, only general redistribution survives"--National Bureau of Economic Research web site.

Publish Date
Language
English
Pages
34

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Edition Availability
Cover of: Diversity and redistribution
Diversity and redistribution
2005, National Bureau of Economic Research
Electronic resource in English
Cover of: Diversity and redistribution
Diversity and redistribution
2005, National Bureau of Economic Research
in English

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Book Details


Edition Notes

"August 2005."

Includes bibliographical references (p. 33-34).

Also available in PDF from the NBER world wide web site (www.nber.org).

Published in
Cambridge, Mass
Series
NBER working paper series -- working paper 11570., Working paper series (National Bureau of Economic Research) -- working paper no. 11570.

The Physical Object

Pagination
34, [4] p. :
Number of pages
34

Edition Identifiers

Open Library
OL17627676M
OCLC/WorldCat
61491529

Work Identifiers

Work ID
OL2095342W

Source records

Oregon Libraries MARC record

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
December 15, 2009 Edited by WorkBot link works
April 25, 2009 Edited by ImportBot add OCLC number
September 29, 2008 Created by ImportBot Imported from Oregon Libraries MARC record