Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115494
Authors: 
Keefer, Philip
Milanovi´c, Branko
Year of Publication: 
2014
Series/Report no.: 
IDB Working Paper Series IDB-WP-563
Abstract: 
This working paper advances research on inequality with unique, new data on income distribution in 61 countries, including 20 Latin American countries, to explore the effects of political parties on redistribution. First, consistent with a central, but still contested, assumption of the political economy literature, left-wing governments redistribute more. In addition, consistent with recent research on the importance of party organization and the organizational differences between younger and older parties, older left-wing parties are more likely to internalize the long-run costs of redistribution and to be more credible in their commitment to redistribution, leading them to redistribute less. With entirely different data, the paper also provides evidence on mechanisms: left-wing governments not only redistribute more; they also tax more. Older left-wing parties, though, tax less than younger ones.
Subjects: 
redistribution
inequality
political parties
democracy
JEL: 
D31
E62
H0
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc-nd/3.0/igo/legalcode
Document Type: 
Working Paper

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