Results 41 to 50 of about 1,428,614 (192)
Redistribution, taxes, and the median voter [PDF]
We study a simple model of production, accumulation, and redistribution, where agents are heterogeneous in their initial wealth, and a sequence of redistributive tax rates is voted upon.
Jess Benhabib, Marco Bassetto
core +1 more source
Journal of Risk and Insurance, EarlyView.Abstract This paper introduces a multi‐stage Overlapping Generations (OLG) model of workers and retirees, segmented by disability status and eligibility for Disability Pension (DP) benefits. Extending Gertler (1999) with progressive disability stages of distinct productivity and transition probabilities, and calibrated to US data, the model generates ...
Hangsuck Lee +3 more
wiley +1 more source
Single-Crossing, Strategic Voting and the Median Choice Rule [PDF]
This paper studies the strategic foundations of the Representative Voter Theorem (Rothstein, 1991), also called the "second version" of the Median Voter Theorem. As a by-product, it also considers the existence of non-trivial strategy-proof social choice
Alejandro Saporiti, Fernando Tohmé
core
The impact of co‐payments for nursing home care on care use and welfare
Journal of Risk and Insurance, EarlyView.Abstract We assess the impact of an increase in the co‐payments for nursing home care on care use and welfare. Nursing home residents often have to pay substantial user fees, which expose them to a financial risk. Co‐payments may incentivize efficient care use, but empirical evidence is limited. We leverage a reform in the Netherlands that increased co‐
Marianne Tenand +2 more
wiley +1 more source
A note on Condorcet consistency and the median voter [PDF]
We discuss to which extent the median voter theorem extends to the domain of single-peaked preferences on median spaces. After observing that on this domain a Condorcet winner need not exist, we show that if a Condorcet winner does exist, then it ...
Buechel, Berno
core
Journal of Time Series Analysis, EarlyView.ABSTRACT The paper deals with the construction of a synthetic indicator of economic growth, obtained by projecting a quarterly measure of aggregate economic activity, namely gross domestic product (GDP), into the space spanned by a finite number of smooth principal components, representative of the medium‐to‐long‐run component of economic growth of a ...
Alessandro Giovannelli +2 more
wiley +1 more source
An empirical application of the median voter model and of the interest group influence model to the Portuguese and Galician municipalities [PDF]
The analysis of the median voter hypothesis indicates that a more realistic comprehension of local public choice might be achieved with the opening of the median voter model to the interst group influence hypothesis.
José Cruz
core
"The Public Commodities Problem" [PDF]
The decision about how much to spend on a public program depends on the answers to two questions: (1) a normative and binary question-Should the government pursue the goal of this program?
Karl Widerquist
core +2 more sources
Inequality of Opportunity in a Multiperiod Framework
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT This paper offers a simple model to evaluate and measure inequality of opportunity in a multiperiod framework, in which both circumstances and effort may change over time. We adopt a norm‐based approach and an axiomatic methodology: we first characterise two alternative definitions of a ‘fair distribution’, associated respectively with the ex ...
Domenico Moramarco +2 more
wiley +1 more source
Population and Development Review, EarlyView.Abstract The early stages after arrival may play a crucial role in shaping immigrants’ long‐term integration trajectories. In this paper, we estimate the impact of obtaining regular employment within one year of arriving in Italy on the long‐term integration of immigrant individuals, approximately 10 years after arrival.
Chiara Pronzato +2 more
wiley +1 more source