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Young Liberals and Old Conservatives - Inequality, Mobility and Redistribution

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Author Info
Muren, Astri () (Dept. of Economics, Stockholm University)
Nyberg, Sten () (Dept. of Economics, Stockholm University)

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Abstract

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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Publisher Info
Paper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2005:9.

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Length: 32 pages
Date of creation: 30 Sep 2005
Date of revision:
Handle: RePEc:hhs:sunrpe:2005_0009

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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
Phone: +46 8 16 20 00
Fax: +46 8 16 14 25
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Web page: http://www.ne.su.se/
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Related research
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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