• Alberto Alesina


The Evolution of Ideology, Fairness and Redistribution. Alberto Alesina, December 2012, Paper. "Ideas about what is ‘fair’ influence preferences for redistribution. We study the dynamic evolution of different economies in which redistributive policies, perception of fairness, inequality and growth are jointly determined. We show how including beliefs about fairness can keep two otherwise identical countries on different development paths for a very long time. We show how different initial conditions regarding how ‘fair’ is the same level of inequality can lead to..." Link