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The Political Economy of Inequality and Redistribution

Published inThe Oxford Handbook of Economic Inequality, Editors Brian Nolan, Wiemer Salverda, and Timothy M. Smeeding, p. 665-692
PublisherLondon : Oxford University Press
Publication date2011
Abstract

The literature on the politics of inequality and redistribution in advanced democracies has become very large in recent years. This article focuses on several areas where important new arguments are being put forward. It reviews recent work on the interaction of unions and employers, the role of political parties and electoral institutions, and the effects of racial and religious diversity. It also discusses the implications of recent work in behavioural economics and political science that helps us to understand cross-national variation in political responses to inequality. It highlights the distinctive contributions of several ‘schools' of research, and identifies linkages across different analytical approaches.

Keywords
  • Economic inequality
  • Advanced democracies
  • Unions
  • Employers
  • Political parties
  • Religious diversity
  • Racial diversity
  • Political responses
NoteChapter 26
Citation (ISO format)
MCCARTY, Nolan, PONTUSSON, Harry Jonas. The Political Economy of Inequality and Redistribution. In: The Oxford Handbook of Economic Inequality. London : Oxford University Press, 2011. p. 665–692. doi: 10.1093/oxfordhb/9780199606061.013.0026
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