Construct · 1 fields · 1 citations

Meltzer-Richard model: a standalone construct

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Political economy

a model in which greater inequality between the median and mean income leads voters to choose more redistribution and larger government.

In political economy, Meltzer-Richard model refers to a model in which greater inequality between the median and mean income leads voters to choose more redistribution and larger government. This meaning comes from Meltzer (1981) in Journal of Political Economy.[1]

Unit
Recovery means
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Nearby constructs

government2 fields · 3 citationsjingle · one word, two constructs mean3 fields · 6 citationsjingle · one word, three constructs median2 fields · 3 citationsjingle · one word, two constructs

References

Meltzer, A. H., & Richard, S. F. (1981). A Rational Theory of the Size of Government. Journal of Political Economy, 89(5), 914-927. https://doi.org/10.1086/261013

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