Inequality and redistribution: Political parties may matter

Research output: Contribution to journalArticle

Abstract

Within the framework of the generalized Wittman-Roemer model of political competition, this article provides a canonical example showing that political parties may matter in explaining how redistribution policies change with respect to changes in inequality. Some authors (Lee and Roemer, 2005; Ortuño-Ortín and Roemer, 2000) have noticed that in the Wittman-Roemer model, the left and the right parties may respond differently to changes in inequality, but their observation is based upon numerical calculation. The goal of this paper is to construct an analytically tractable example that helps open the black box with sound intuition. (JEL: D3, D7, H2)

Original languageEnglish
Pages (from-to)482-495
Number of pages14
JournalJournal of Institutional and Theoretical Economics
Volume170
Issue number3
DOIs
Publication statusPublished - 2014

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Redistribution
Political parties
Black box
Intuition
Political competition
Policy change

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Inequality and redistribution : Political parties may matter. / Lee, Woojin.

In: Journal of Institutional and Theoretical Economics, Vol. 170, No. 3, 2014, p. 482-495.

Research output: Contribution to journalArticle

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