Balanced-Budget Redistribution as the Outcome of Political Competition: A Comment

Peter Coughlin

Public Choice, 1991, vol. 70, issue 2, 239-43

Abstract: This comment is concerned with the relation between the basic model of elections and income redistribution in Lindbeck and Weibull (1987) and the model in Coughlin (1986a). Its purpose is to (1) isolate the (small set of) assumptions that separate these closely related models, (2) identify a special case of the Lindbeck-Weibull model where their results immediately provide direct extensions of four of the results in my paper, and (3) point to that one of the lemmata in my paper identifies the precise location of the equilibrium income distribution for this important special case of the Lindbeck-Weibull model. The comment also relates these observations to Lindbeck and Weibull's example of familiar assumptions that satisfy their sufficient conditions for the existence of a political equilibrium. Copyright 1991 by Kluwer Academic Publishers

Date: 1991
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