Paternalistic Goods to Improve Income Distribution: A Political Economy Approach
نویسندگان
چکیده
منابع مشابه
Political Economy of Intermediate Goods Taxation
We generalize the Diamond–Mirrlees production efficiency theorem, that there should be no taxes on sectors producing pure intermediate goods, to an environment with political economy constraints. In our economy, allocations and taxation are decided by self-interested politicians without the power to commit to future policies. The Diamond–Mirrlees production efficiency result holds even when pol...
متن کاملOn the Political Economy of Income Taxation
The literatures dealing with voting, optimal income taxation, and implementation are integrated here to address the problem of voting over income taxes. In contrast with previous articles, general nonlinear income taxes that affect the labor-leisure decisions of consumers who work and vote are allowed. Uncertainty plays an important role in that the government does not know the true realization...
متن کاملCentralized versus decentralized provision of local public goods: a political economy approach
This paper takes a fresh look at the trade-off between centralized and decentralized provision of local public goods. It argues that the sharing of the costs of local public spending in a centralized system will create a conflict of interest between citizens in different jurisdictions. When spending decisions are made by a legislature of locally elected representatives, this conflict of interes...
متن کاملThe political economy of (De)centralization with complementary public goods
This paper provides a political economy analysis of (de)centralization when local public goods—with spillovers effects—can be substitutes or complements. Depending on the degree of complementarity between local public goods, median voters strategically delegate policy to either ‘conservative’ or to ‘liberal’ representatives under decentralized decision-making. In the first case, it accentuates ...
متن کاملWhy Ungoverned Space ? A Political Economy Approach
This note develops a simple model to illustrate formally why ungoverned spaces are an economic puzzle. It would be surprising for a social welfare maximizing government to leave space ungoverned (i.e., with no local public good provision) because we think of public goods as efficient. Yet if public goods are efficient enough for a responsive government to provide them, even a kleptocrat would p...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2041894