Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort determines income, and that all have a right to enjoy the fruits of their effort, it will chose low ...

Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort determines income, and that all have a right to enjoy the fruits of their effort, it will chose low ...

Different beliefs about the fairness of social competition and what determines income inequality influence the redistributive policy chosen in a society. But the composition of income in equilibrium depends on tax policies. We show how the interaction between social beliefs and welfare policies may lead to multiple equilibria or multiple steady states. If a society believes that individual effo...

EUROPEAN GOVERNMENTS REDISTRIBUTE income among their citizens on a much larger scale than does the U.S. government. European social programs are more generous and reach a larger share of citizens. European tax systems are more progressive. European regulations designed to protect the poor are more intrusive. In this paper we try to understand why. The literature on the size of government is ric...

The aim of this paper is to make a first step towards studying the role of social expenditure and its interaction with corporate taxation in determining the destination of foreign direct investment (FDI) flows. Using panel data for 18 OECD countries and measuring the extent of social welfare policies by the (public social expenditure)/GDP ratio, we find strong support for the conjecture that re...

The 'Race to the Bottom' theory suggests that local governments might be reluctant to adopt policies that are helpful towards poorer citizens out of fear of attracting poorer residents from nearby municipalities. Likewise, policies that are helpful to the poor may be costly and can lead to an increase in taxes that may drive away wealthier residents. Municipalities in which a majority of citize...

This paper aims to use cluster analysis monitor changes in the social regimes of EU countries context their economic situation. In first step, provides an overview theoretical studies and categorizes into individual based on available studies. Subsequently, hierarchical analyses are performed for 2007 2019, one a group redistributive variables socio-economic variables. The confirmed that differ...

investments in the extension of health insurance coverage, the strengthening of public health services, as well as primary care and better hospitals, highlights the emerging role of healthcare as part of china’s new growth regime, based on an expansion of services, and redistributive policies. such investments, apart from their central role in terms of relief for low-income people, serve to reb...