Showing 1 - 10 of 935
This article presents a novel explanation why demand for redistribution on average does not respond to information on … observed unresponsiveness of demand for redistribution may result because the group which drives the effect on beliefs does not … increase demand for redistribution and may even decrease it. Indeed, despite the strong perception shift in the high …
Persistent link: https://www.econbiz.de/10014345626
We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure formal income from tax and employment registries, and we train machine learning models on census and survey data to predict informal income. The data reveal a much higher...
Persistent link: https://www.econbiz.de/10014243166
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10010274890
We explore the relation between social political identity and prosociality. We first construct a theoretical model to generate predictions for the behavior of players in an ultimatum game who are influenced by social political identity. Then we use a novel subject pool-registered members of...
Persistent link: https://www.econbiz.de/10012908662
and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …
Persistent link: https://www.econbiz.de/10012892099
metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social … cost of carbon, but mostly neglects a major source of inequality - heterogeneity in income below the national level. We … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …
Persistent link: https://www.econbiz.de/10012870643
this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for … lower marginal tax rates. The endogeneity of returns generates an inequality multiplier effect between wealth and its …
Persistent link: https://www.econbiz.de/10013233147
relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last … three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This …
Persistent link: https://www.econbiz.de/10013292508
This paper examines the effects of a unilateral reform of the redistribution policy in an economy open to international … real income in the reforming country, while income inequality is reduced to a larger extent for sufficiently small initial …-reforming trading partner, the unilateral redistribution policy reform resembles a unilateral increase in trade costs leading to a …
Persistent link: https://www.econbiz.de/10013212255
, and help to explain the gap between lab evidence on support for redistribution and U.S. inequality trends … opportunities and outcomes. We elicit redistribution decisions from a U.S.-representative sample who observe worker outcomes and … lucky opportunities. Our findings have implications for models that seek to understand and predict redistribution attitudes …
Persistent link: https://www.econbiz.de/10014357631