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This paper studies how heterogeneity in income dynamics affects the POUM hypothesis (the idea that poor people do not support high level of redistribution because they hope to be rich in the future). We consider a setting where individuals evaluate their expected future income using both their...
Persistent link: https://www.econbiz.de/10010293407
This paper investigates social mobility in Bolivia and discusses its implications for poverty reduction and long-run growth. Regressions based on household survey data show that social mobility is very low in Bolivia, even by Latin American standards. This is mainly caused by an inadequate...
Persistent link: https://www.econbiz.de/10010260461
In this paper, preferences for income redistribution in Switzerland are elicited through a Discrete Choice Experiment (DCE) performed in 2008. In addition to the amount of redistribution as a share of GDP, attributes also included its uses (working poor, the unemployed, old-age pensioners,...
Persistent link: https://www.econbiz.de/10010315571
between the United States, on one hand, and the Nordic countries (Denmark, Finland, Norway and Sweden) on the other. Our base …
Persistent link: https://www.econbiz.de/10010276293
Much of America's promise is predicated on the existence of economic mobilitythe idea that people are not limited or defined by where they start, but can move up the economic ladder based on their efforts and accomplishments. Family income mobilitychanges in individual families' real incomes...
Persistent link: https://www.econbiz.de/10010280955
This paper reviews Finland's growth strategy in the postwar decades. Finland was able to initiate an impressive …
Persistent link: https://www.econbiz.de/10010273520
equity and growth. We argue that Finland developed from a poor, vulnerable, and conflict-prone country to a modern economy in … that further more equitable outcomes may at least in the case of Finland have met with some success. …
Persistent link: https://www.econbiz.de/10010279333
In Finland the shifts in compensation have been of a similar kind compared to those in the US, but moderate with …
Persistent link: https://www.econbiz.de/10010285060
1988-2000 indicate an increase in economic inequality in Finland. However, the inclusion of the value of household …
Persistent link: https://www.econbiz.de/10010285223
We conduct a real-effort task experiment where subjects' performance translates into a donation to a charity. In a within-subjects design we vary the visibility of the donation (no/private/public feedback). Confirming previous studies, we find that subjects' performance increases, that is, they...
Persistent link: https://www.econbiz.de/10010291810