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Credit affects individuals’ perceptions and experiences of inequality. Having access to credit enables those in lower- and middle-income groups to consume an array of products and services that they otherwise would not be able to afford, thereby taking the edge off discontent. Citizens with...
Persistent link: https://www.econbiz.de/10011311143
Credit affects individuals' perceptions and experiences of inequality. Having access to credit enables those in lower- and middle-income groups to consume an array of products and services that they otherwise would not be able to afford, thereby taking the edge off discontent. Citizens with...
Persistent link: https://www.econbiz.de/10012937084
Persistent link: https://www.econbiz.de/10009260133
Persistent link: https://www.econbiz.de/10010365102
Why do low-income individuals often oppose redistribution? We hypothesize that an aversion to being in "last place" undercuts support for redistribution, with low-income individuals punishing those slightly below themselves to keep someone "beneath" them. In laboratory experiments, we find...
Persistent link: https://www.econbiz.de/10013122222
We provide causal evidence of how an increase in wealth affects support for redistribution and beliefs about the causes of poverty. Exploiting the variation in wealth created by an Ethiopian housing lottery, we show that general attitudes toward redistribution and inequality acceptance are...
Persistent link: https://www.econbiz.de/10012822936
Persistent link: https://www.econbiz.de/10012507327
Why do low-income individuals often oppose redistribution? We hypothesize that an aversion to being in "last place" undercuts support for redistribution, with low-income individuals punishing those slightly below themselves to keep someone "beneath" them. In laboratory experiments, we find...
Persistent link: https://www.econbiz.de/10012461423
Persistent link: https://www.econbiz.de/10014389051
Using the first release of the three-wave, four-year General Social Survey panel dataset, we track changes in attitudes towards redistribution and government from 2006 to 2010 to find that decreases in demand for redistribution are associated with decreases in confidence in government after the...
Persistent link: https://www.econbiz.de/10013064965