An imperfect representative democracy political income redistribution in Latin America

Although several papers in the political economy literature suggest a positive relationship between income inequality and redistribution, the data for Latin America does not support this claim. Countries with more income inequality also have less redistribution. This paper explores how the degree of...

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Detalles Bibliográficos
Autor principal: Molina, Ezequiel
Otros Autores: Cont, Walter
Formato: Tesis Tesis de maestria
Lenguaje:Inglés
Publicado: 2009
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/3317
https://doi.org/10.35537/10915/3317
Aporte de:
id I19-R120-10915-3317
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
economía política
distribución
desigualdad de ingresos
toma de decisiones
spellingShingle Ciencias Económicas
economía política
distribución
desigualdad de ingresos
toma de decisiones
Molina, Ezequiel
An imperfect representative democracy political income redistribution in Latin America
topic_facet Ciencias Económicas
economía política
distribución
desigualdad de ingresos
toma de decisiones
description Although several papers in the political economy literature suggest a positive relationship between income inequality and redistribution, the data for Latin America does not support this claim. Countries with more income inequality also have less redistribution. This paper explores how the degree of imperfection in the political institutions influences equilibrium redistributive tax rates and income distributions. A citizen-candidate model is developed (Osborne and Slivinski, 1996 and Besley and Coate, 1997) in which candidates face a cost for representing other citizens in politics. Political-economic equilibria for diferent degrees of imperfection of the political system are derived and compared. In particular, two distinct cases are found. Countries where the cost of entry to politics is low can have higher redis tribution and lower inequality if the median run as a candidate or ,when there is a two candidate equilibria, redistribution and inequality could go either way. On the other hand, countries where the cost of entry is high will not be able to translate the will of the people into political action and will end up with little redistribution and high levels of inequality.
author2 Cont, Walter
author_facet Cont, Walter
Molina, Ezequiel
format Tesis
Tesis de maestria
author Molina, Ezequiel
author_sort Molina, Ezequiel
title An imperfect representative democracy political income redistribution in Latin America
title_short An imperfect representative democracy political income redistribution in Latin America
title_full An imperfect representative democracy political income redistribution in Latin America
title_fullStr An imperfect representative democracy political income redistribution in Latin America
title_full_unstemmed An imperfect representative democracy political income redistribution in Latin America
title_sort imperfect representative democracy political income redistribution in latin america
publishDate 2009
url http://sedici.unlp.edu.ar/handle/10915/3317
https://doi.org/10.35537/10915/3317
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