Arbeitspapier

Globalisation, inequality and redistribution

The present paper seeks to explain the pattern of income redistribution in a globalised world of increased market income inequality and lower costs of factor mobility. In some countries, larger market income inequality has been met by an increased redistributive effort, thus keeping the distribution of disposable incomes relatively stable. In other countries, larger market inequality has been accompanied by a reduction in transfers, thus leading to growth in disposable income inequality. In our model, the initial level of market income inequality is crucial in explaining how an increase in this variable affects redistribution.

Language
Englisch

Bibliographic citation
Series: cege Discussion Papers ; No. 33

Classification
Wirtschaft
International Investment; Long-term Capital Movements
Subject
Globalisation
Inequality
Redistribution
Majority voting
Globalisierung
Einkommensverteilung
Einkommensumverteilung
Public Choice
Theorie

Event
Geistige Schöpfung
(who)
Bjorvatn, Kjetil
Cappelen, Alexander W.
Event
Veröffentlichung
(who)
University of Göttingen, Center for European, Governance and Economic Development Research (cege)
(where)
Göttingen
(when)
2004

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bjorvatn, Kjetil
  • Cappelen, Alexander W.
  • University of Göttingen, Center for European, Governance and Economic Development Research (cege)

Time of origin

  • 2004

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