Voting over redistribution in the Meltzer–Richard model under interdependent labor inputs
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DOI: 10.1016/j.econlet.2020.109206
Abstract: Abstract This paper extends the median voter result of Meltzer and Richard (1981) to the case where a labor economy has any constant returns to scale production function under quasilinear preferences with constant wage elasticity.… read more here.
Keywords: labor inputs; redistribution; meltzer richard; labor ... See more keywords