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agents' biased perceptions with this information has a significant effect on their stated preferences for redistribution … levels of redistribution when informed of their true ranking. This relationship between biased perceptions and political … attitudes provides an alternative explanation for the relatively low degree of redistribution observed in modern democracies …
Persistent link: https://www.econbiz.de/10009306315
inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs …, and the demand for redistribution crucially depend on the level of income inequality and mobility. -- redistribution …
Persistent link: https://www.econbiz.de/10009311993
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda …. Other-regarding preferences may also affect support for redistribution, but knowledge about their distribution in the … national plebiscites, to study the link between other-regarding preferences and support for redistribution in a broad sample of …
Persistent link: https://www.econbiz.de/10012886952
It is well-known that the wealthier are more likely to have Right-leaning political preferences. We here in addition consider the role of the individual's starting position, and in particular their upward social mobility relative to their parents. In 18 waves of UK panel data, both own and...
Persistent link: https://www.econbiz.de/10014311622
We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution … the net gain that low-skill agents obtain from income redistribution, which only the Left (but not the Right) can credibly … right-wing party. The comparative statics analyzes the effects of state capacity, a positive bias of voters for one party …
Persistent link: https://www.econbiz.de/10009535765
redistribution and progressive taxation, and less likely to have a conservative political orientation, even conditional on having the …
Persistent link: https://www.econbiz.de/10009233915
Redistribution across individuals in a one-year-period framework is an empirically intensely studied question. However …, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective …, reducing the level of actual redistribution across individuals. This paper investigates to what extent long-run redistribution …
Persistent link: https://www.econbiz.de/10012289471
further corroborated using various complementary measures of individuals' perception of the chances and risks associated with … an unequal distribution of economic resources, such as their perception of the chances of upward mobility. I finally show …
Persistent link: https://www.econbiz.de/10011347165
fact become a very weak one. For what it matters, targeting tends to be associated with higher levels of redistribution …
Persistent link: https://www.econbiz.de/10009753045
We suggest that stabilizing the baseline income can make low-wage workers more tolerant towards high income earners. We present evidence of this attitude in the UK by exploiting the introduction of the National Minimum Wage (NMW), which institutionally sets a baseline pay reducing the risk of...
Persistent link: https://www.econbiz.de/10014266908