Political institutions and income (re-)distribution: evidence from developed economies

We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and parliamentary regimes) on the extent and direction of income (re-) distribution. Empirical evidence is presented for a large sample of 70 economies and a panel of 13 OECD countries be...

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Bibliographische Detailangaben
Hauptverfasser: Feld, Lars P. (VerfasserIn) , Schnellenbach, Jan (VerfasserIn)
Dokumenttyp: Buch/Monographie Arbeitspapier
Sprache:Englisch
Veröffentlicht: München CESifo 2013
Schriftenreihe:CESifo working paper Public Choice 4382
In: CESifo working papers (4382)

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Online-Zugang:Verlag, Volltext: http://www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=19096190
Download aus dem Internet, Stand: 16.09.2013, Volltext: http://hdl.handle.net/10419/84165
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Verfasserangaben:Lars P. Feld; Jan Schnellenbach
Beschreibung
Zusammenfassung:We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and parliamentary regimes) on the extent and direction of income (re-) distribution. Empirical evidence is presented for a large sample of 70 economies and a panel of 13 OECD countries between 1981 and 1998. The evidence indicates that presidential regimes are associated with a less equal distribution of disposable incomes, while electoral systems have no significant effects. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but also with a more equal primary income distribution. Our evidence also is in line with earlier empirical contributions that find a positive relationship between trade openness and equality in primary and disposable incomes, as well as the overall redistributive effort.
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