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Preferences for redistribution in the land of opportunities
Oleh : Alberto Alesina, Eliana La Ferrara, ELSEVIER
Dibuat : 2010-09-02, dengan 1 file
Keyword : Preferences, redistribution, land , opportunities
This paper explores how individual preferences for redistribution depend on future incomeprospects. In addition to estimating the impact of individuals socioeconomic background and of their subjective perceptions of future mobility, we employ panel data to construct dobjectiveT
measures of expected gains and losses from redistribution for different categories of individuals. We find that such measures have considerable explanatory power and perform better than dgeneral mobilityT indexes. We also find that preferences for redistribution respond to individual beliefs on what determines ones position in the social ladder. Ceteris paribus, people who believe that the American society offers equal opportunities are more averse to redistribution.
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Alesina_Preferences
File : Alesina_Preferences.pdf
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