G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Multiple Politico-Economic Regimes, Inequality and Growth
Alain Desdoigts; Fabien Moizeau
发表日期2001
出处Climate Change and Sustainable Development
出版年2001
语种英语
摘要In this paper, we assume that redistribution modifies the community structure of an economy and generates both intra and intergenerational mobility. In a world in which neighbourhood attributes and family backgrounds are important to determine the investment effort and the productivity of education, we abandon the stylised median voter in favour of more nuanced pressure-group reasoning and study (i) the conflicts of material interest, (ii) both the income distribution and growth dynamics. We find multiple politico-economic regimes where the pressure for redistribution is highly non-linear depending on social affinity. In some range of inequality, the ends may oppose high rates of redistribution against the middle and more unequal and segmented economies may redistribute less, not more. Our framework displays multiple steady states describing either a situation of equality and integration or segregation with persistent inequality depending on historical economic discrimination. Re-distribution increases the number of candidates for the integrated equilibrium, but an economy's institutions will have first to overcome ranges of inequality in which voting cycles are likely to emerge.
特色分类D31,H2,I22,J62,P16
关键词Clubs formation,growth,human capital,redistribution,and social mobility
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/multiple-politico-economic-regimes-inequality-and-growth/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116644
推荐引用方式
GB/T 7714
Alain Desdoigts,Fabien Moizeau. Multiple Politico-Economic Regimes, Inequality and Growth. 2001.
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