Inequality and the Politics of Redistribution

Ono, Tetsuo

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論文情報

タイトル	Inequality and the Politics of Redistribution
著者	Ono, Tetsuo Ono, Tetsuo
キーワード等	Education
	political economy
	inequality, growth
内容	* Revised：Inequality, Growth and the Politics of Education and Redistribution [12-09, 2012]
内容	* Revised：Inequality Dynamics and the Politics of Redistribution [12-09-Rev., 2013]
抄録	This paper analyzes the political economy of public education and redistributionin an overlapping-generation model of a two-class society in which growth is drivenby the accumulation of human capital. The levels of public education and lump-sum nancial transfers are determined by voting, while private education whichsupplements public education is purchased individually. The model, which includestwo-dimensional voting, demonstrates multiple steady-state political equilibria. Oneis an equilibrium with a high share of public education in government expenditure;the other is an equilibrium with a high share of lump-sum transfers. Numericalanalysis shows empirically plausible result of growth, inequality and the compositionof redistributive expenditures.
公開者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
更新日付	2013-11
更新日付	2014-09
掲載誌名	Discussion Papers In Economics And Business
巻	12-09-Rev.2
刊行年月	2014-09
URL	http://hdl.handle.net/11094/13468
関連情報 (references)	http://www2.econ.osaka-u.ac.jp/library/global/dp/1209R2.pdf
言語	英語
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business.12-09-Rev.2
DC.title	Inequality and the Politics of Redistribution
DC.creator	Ono, Tetsuo
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2014-09
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/13468
DC.subject	Education
	political economy
	inequality, growth
DC.description	* Revised：Inequality, Growth and the Politics of Education and Redistribution [12-09, 2012]
DC.description	* Revised：Inequality Dynamics and the Politics of Redistribution [12-09-Rev., 2013]
DCTERMS.abstract	This paper analyzes the political economy of public education and redistributionin an overlapping-generation model of a two-class society in which growth is drivenby the accumulation of human capital. The levels of public education and lump-sum nancial transfers are determined by voting, while private education whichsupplements public education is purchased individually. The model, which includestwo-dimensional voting, demonstrates multiple steady-state political equilibria. Oneis an equilibrium with a high share of public education in government expenditure;the other is an equilibrium with a high share of lump-sum transfers. Numericalanalysis shows empirically plausible result of growth, inequality and the compositionof redistributive expenditures.
citation_title	Inequality and the Politics of Redistribution
citation_author	Ono, Tetsuo
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
citation_language	英語
citation_date	2014-09
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	12-09-Rev.2
citation_public_url	http://hdl.handle.net/11094/13468
citation_keywords	Education
	political economy
	inequality, growth

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