Arbeitspapier

Intertemporal commitment problems and voting on redistributive taxation

A rich person who fears a loss of income may later favor redistributive taxation and a mix of taxes and public goods that differs from the one he now favors. If mobility is costly, and if government in each period uses majority voting to determine policy, then this person may prefer to live in a community that is permanently ruled by poor residents. Majority voting is a mechanism that can overcome intertemporal commitment problems of income insurance.

Language
Englisch

Bibliographic citation
Series: Diskussionsbeiträge - Serie II ; No. 190

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Glazer, Amihai
Konrad, Kai A.
Event
Veröffentlichung
(who)
Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
(where)
Konstanz
(when)
1992

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Glazer, Amihai
  • Konrad, Kai A.
  • Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft

Time of origin

  • 1992

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