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Author: | Imrohoroglu, A. Merlo, A. Rupert, P. |
Title: | On the political economy of income redistribution and crime |
Journal: | International Economic Review
2000 : FEB, VOL. 41:1, p. 1-25 |
Index terms: | Political economy Incomes policy Economic crime Property tax USA |
Language: | eng |
Abstract: | The article analyzes a general equilibrium model in which agents choose to specialize either legitime or criminal activities. Expenditure on police to apprehend criminals , as well as income redistribution, are determined endogenously through majority voting. The authors investigate how crime, redistribution, and police expenditures depend on characteristics of the underlying distribution of income-earning abilities and on the apprehension technology. |
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