Four Critiques of the Redistribution Hypothesis : An Assessment

Four Critiques of the Redistribution Hypothesis : An Assessment

This paper discusses and assesses critiques of the aurhor's reformulation of the median voter hypothesis and its testing. The author rephrases and redefines more correctly the redistribution hypothesis and clarifies its relationship with the m...

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Bibliographic Details
Main Author:	Milanovic, Branko
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ADVANCED ECONOMIES AVERAGE INCOMES BUSINESS CYCLE BUSINESS CYCLES CHILD ALLOWANCES COUNTRY DUMMIES COUNTRY EFFECTS COUNTRY FIXED EFFECT COUNTRY FIXED EFFECTS DATA SET DEMOCRACIES DEMOCRACY DEPENDENT VARIABLE DISPOSABLE INCOME EARNINGS INEQUALITY ECONOMETRIC ISSUES ECONOMIC GROWTH ECONOMIC INEQUALITY ECONOMIC POWER ECONOMIC REVIEW EMPIRICAL ANALYSIS EMPIRICAL RESULTS EMPIRICAL SUPPORT EMPIRICAL TEST ETHNIC HOMOGENEITY EXPORTS GDP GDP PER CAPITA GOVERNMENT EXPENDITURES GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GROSS INCOME HOUSEHOLD INCOME HOUSEHOLD SURVEYS INCENTIVE EFFECTS INCOME INCOME DISTRIBUTION INCOME REDISTRIBUTION INCOME SHARE INCOME STUDY INCOMES INCREASED RATE INEQUALITY INEQUALITY INDEX INHERITANCE INSURANCE INTERVENTIONS MARKET ECONOMIES MARKET INCOME MARKET INCOME INEQUALITY MARKET INCOMES MEDIAN VOTER MEDIAN VOTER HYPOTHESIS MIDDLE CLASS MIDDLE-INCOME COUNTRIES NEGATIVE RELATIONSHIP OBSERVED INCREASE PENSION PENSION SYSTEM PENSIONS PER CAPITA INCOME POLICY RESEARCH POLITICAL ECONOMY POLITICAL SCIENCE POLITICAL SYSTEM POOR PEOPLE POSITIVE RELATIONSHIP PUBLIC CHOICE PUBLIC POLICY REDISTRIBUTIVE IMPACT REDISTRIBUTIVE POLICIES RELATIVE POSITION SOCIAL ASSISTANCE SOCIAL POLICY SOCIAL TRANSFERS TAX TAX RATE TAX STRUCTURE TURNOVER UNEMPLOYMENT UNEMPLOYMENT BENEFITS VOTERS WAGES WELFARE SYSTEM WELL-BEING
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091202170825 http://hdl.handle.net/10986/4339

Description
Summary:	This paper discusses and assesses critiques of the aurhor's reformulation of the median voter hypothesis and its testing. The author rephrases and redefines more correctly the redistribution hypothesis and clarifies its relationship with the median voter hypothesis. He also reviews four types of critiques leveled at his approach.

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