• Medientyp: E-Book
  • Titel: On the political and economic determinants of redistribution : economic gains, ideological gains, or institutions?
  • Beteiligte: Souza, Gustavo de [VerfasserIn]
  • Erschienen: [Chicago, Illinois]: Federal Reserve Bank of Chicago, [2022]
  • Erschienen in: Federal Reserve Bank of Chicago: Working papers ; 2022,47
  • Umfang: 1 Online-Ressource (circa 48 Seiten); Illustrationen
  • Sprache: Englisch
  • DOI: 10.21033/wp-2022-47
  • Identifikator:
  • Schlagwörter: redistribution ; preferences for redistribution ; dynamic macro models of political-economy ; Graue Literatur
  • Entstehung:
  • Anmerkungen:
  • Beschreibung: I describe a structural method to quantify the contribution of different elements of social choice to the level of redistribution. Estimating a DSGE model with microdata on the support for redistribution, I find that if voters disregarded their ideological views on welfare policies, redistribution in the US would increase 117%. Because ideology is a more important determinant of voting behavior than income, increasing voter turnout or capping campaign contributions would have a small effect on redistribution. Among the drivers of ideology, I find that racial animosity and distrust of the government contributes to a 80% and 44% smaller redistribution, respectively.
  • Zugangsstatus: Freier Zugang