Donor Altruism and the Transfer Paradox in an Overlapping Generations Model

2014 ◽  
Vol 22 (5) ◽  
pp. 905-922 ◽  
Author(s):  
Kojun Hamada ◽  
Mitsuyoshi Yanagihara
2018 ◽  
Vol 23 (1) ◽  
pp. 331-347
Author(s):  
Kojun Hamada ◽  
Tsuyoshi Shinozaki ◽  
Mitsuyoshi Yanagihara

2017 ◽  
Vol 122 (3) ◽  
pp. 279-301
Author(s):  
Kojun Hamada ◽  
Tsuyoshi Shinozaki ◽  
Mitsuyoshi Yanagihara

2012 ◽  
Vol 17 (6) ◽  
pp. 1198-1226 ◽  
Author(s):  
Luca Bossi ◽  
Gulcin Gumus

In this paper, we set up a three-period stochastic overlapping-generations model to analyze the implications of income inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs under the welfare state. We investigate bidimensional voting on the tax rates that determine the allocation of government revenues among transfer payments and old-age pensions. We show that the coalitions formed, the resulting political equilibria, and the demand for redistribution crucially depend on the level of income inequality and mobility.


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