VOTING FOR INCOME-IMMISERIZING REDISTRIBUTION IN THE MELTZER-RICHARD MODEL.
This paper argues that income received via redistributive transfers, unlike labor income, requires no direct sacrifice of leisure; this makes it attractive to many voters even if it leaves them poorer. This point is made within the classic model wherein heterogeneous voters evaluate an income-redist...
| Published in: | Economic Inquiry Vol. 52; no. 2; pp. 682 - 696 |
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| Main Authors: | , , |
| Format: | Article |
| Published: |
Wiley-Blackwell
Apr2014
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |