Preferences for Redistribution in the Land of Opportunities1
نویسندگان
چکیده
The poor favor redistribution and the rich oppose it, but that is not all. Social mobility may make some of today’s poor into tomorrow’s rich and since redistributive policies do not change often, individual preferences for redistribution should depend on the extent and the nature of social mobility. We estimate the determinants of preferences for redistribution using individual level data from the US, and we ...nd that individual support for redistribution is negatively a¤ected by social mobility. Furthermore, the impact of mobility on attitudes towards redistribution is a¤ected by individual perceptions of fairness in the mobility process. People who believe that the American society o¤ers equal opportunities to all are more averse to redistribution in the face of increased mobility. On the other hand, those who see the social rat race as a biased process do not see social mobility as an alternative to redistributive policies.
منابع مشابه
Preferences for redistribution in the land of opportunities
This paper explores how individual preferences for redistribution depend on future income prospects. 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...
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