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 MARC Bot
December 13, 2020 | 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

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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

Includes bibliographical references.
Title from PDF file as viewed on 8/31/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series ;, working paper 11570, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 11570.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3478939M
LCCN
2005619183

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December 13, 2020 Edited by MARC Bot import existing book
December 5, 2010 Edited by Open Library Bot Added subjects from MARC records.
February 3, 2010 Edited by WorkBot add more information to works
December 9, 2009 Created by WorkBot add works page