Wer umverteilen will, muss die richtigen Instrumente wählen. Eingriffe in der Marktphase sind teilweise wenig zielgenau und können die Funktionsfähigkeit von Märkten beeinträchtigen. Das hat der Berliner Mietendeckel gezeigt: Der Eingriff in die Preisbildung am Mietmarkt führte zu einer...

Durch das Inkrafttreten des Brennstoffemissionshandelsgesetzes im November 2019 ist es notwendig geworden das Klimaschutzgesetz des Landes Nordrhein-Westfalens vom 29. Januar 2013 anzupassen und diese neuen gesetzlichen Regelungen in Landesrecht zu überführen. Der Gesetzentwurf zur Neufassung...

We present a bargaining model of the interaction between a government and interest groups in which, unlike most existing models, neither side is assumed to have all the bargaining power. The government finds it optimal to constrain itself in the use of transfer policies to improve its bargaining...

Most populist regimes in Latin American countries used trade policy to redistribute income, despite being less efficient than other redistribution schemes such as transfers financed with an income tax. Often, this outcome is attributed to the lack of fiscal capacity in Latin American countries....

We experimentally study the influence of local information conditions on elite capture and social exclusion in community-based development schemes with heterogeneous groups. Not only information on the distribution of aid resources through community-based schemes, but also information on who...

Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases citizens' support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy relies on the restriction of the sample to...

Many episodes of extension of franchise in the 19th and especially in the 20th century occurred during or in the aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of international conflicts on domestic political institutions....

Following the rationale for regional redistribution programs described in the official documents of the European Union, this paper studies a very simple multi-country model built around two regions: a core and a periphery. Technological spill-overs link firms' productivity in each of the two...

Wealthier households obtain higher returns on their investments than poorer ones. How should the tax system account for this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth. The leading example is a financial market, where the...