Arbeitspapier
Inequality, Politics, and Economic Growth : Three Critical Questions on Politico-Economic Models of Growth and Distribution
This paper questions the three standard propositions used by politico-economic models of growth and distribution according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary taxation; and (3) higher distortionary taxes reduce economic growth. We present a variety of theoretical arguments demonstrating that all three propositions may be overturned by simply changing an assumption in a plausible way or adding a relevant real-world element to the basic models. The politico-economic models of growth and distribution, as well as the specific inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect to the issues studied.
- Sprache
-
Englisch
- Erschienen in
-
Series: Diskussionspapier ; No. 3
- Klassifikation
-
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- Thema
-
Political Economy
Redistribution
Inequality
Economic growth
Einkommensverteilung
Einkommensumverteilung
Wirtschaftswachstum
Public Choice
Kritik
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Josten, Stefan Dietrich
Truger, Achim
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
- (wo)
-
Hamburg
- (wann)
-
2003
- Handle
- URN
-
urn:nbn:de:gbv:705-opus-1316
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Josten, Stefan Dietrich
- Truger, Achim
- Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
Entstanden
- 2003
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