Preference for Redistribution During Structural Change with Labor Mobility Frictions

Thorough structural change occurs periodically across world economies. In a parsimonious overlapping generation setup with political economy, we present a novel result: structural change not only exacerbates the rise in inequality but also strengthens the preference for redistribution. Labor mobility frictions are instrumental in this mechanism

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Year of publication:	2022
Authors:	Makarski, Krzysztof ; Tyrowicz, Joanna
Publisher:	[S.l.] : SSRN
Subject:	Umverteilung \| Redistribution \| Strukturwandel \| Structural change \| Arbeitsmobilität \| Labour mobility \| Theorie \| Theory

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