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Young Liberals and Old Conservatives - Inequality, Mobility and Redistribution Author info | Abstract | Publisher info | Download info | Related research | Statistics Astri Muren ()
Sten Nyberg ()
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The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter model where redistributive conflict takes place both between educational groups and age-groups. The effects of inequality and mobility are not unambiguous but depend on factors such as how mobility changes in different groups and causes of inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and allow for majority voting on the length of electoral periods. Finally, we extend the model to encompass retirement and baby booms.
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Paper provided by CESifo GmbH in its series CESifo Working Paper Series with number
CESifo Working Paper No. 1581.
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Date of creation: 2005Date of revision:
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Keywords: inequality mobility income redistribution median voter age-earnings profiles Other versions of this item:
Find related papers by JEL classification: D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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