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Government Ideology, Globalization, and Top Income Shares in OECD Countries

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  • Christoph Schinke

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Abstract

I investigate how government ideology and globalization are associated with top income shares in 16 OECD countries over the period 1970 to 2010. I use the new World Top Incomes Database. Globalization is measured by the KOF index of globalization. The results show that the top 1% income share increased more under rightwing governments than under leftwing governments. The effect was stronger when globalization proceeded more rapidly.

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File URL: http://www.cesifo-group.de/portal/page/portal/DocBase_Content/WP/WP-Ifo_Working_Papers/wp-ifo-2014/IfoWorkingPaper-181.pdf
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Paper provided by Ifo Institute for Economic Research at the University of Munich in its series Ifo Working Paper Series with number Ifo Working Paper No. 181.

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Date of creation: 2014
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Handle: RePEc:ces:ifowps:_181
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Keywords: Inequality; partisan theory; globalization; panel data models.;

Find related papers by JEL classification:

  • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
  • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
  • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
  • H80 - Public Economics - - Miscellaneous Issues - - - General
  • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative

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