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 ‘objective’ measures of expected gains and losses from redistribution for different categories of individuals. We find that such …
Tag Archives: Redistribution
Ashworth, J., Heyndels, B., &Smolders, C. (2002). Redistribution as a local public good: an empirical test for Flemish municipalities. Kyklos, 55(1), 27-56.
Redistribution is typically viewed as a task of the central government. However, in most federal countries local governments do have some discretion in redistribution policy. The main theoretical argument for this is that redistribution may be a local public good (Pauly 1973). Using data on Flemish municipalities, we present a first empirical test of Pauly’s …