The opposite Cycles of Laws and Decrees
The present study aims to test Meltzer and Richard’s (1981) hypothesis that lower-income individuals vote for candidates who favor higher taxes and more redistribution. Assuming that left-wing parties advocate a general increase in taxation, we estimate a vote function for the French Cantonal elections. We show clear-cut evidence that an increasing proportion of voters receiving social assistance raises the number of votes in favor of left-wing parties. This result highlights the importance of including redistribution aspects when estimating a vote function.
|Date of creation:||Mar 2012|
|Date of revision:|
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368, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
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