Who Supports Redistribution?
AbstractUsing an original dataset, we investigated the determinants of individual preferences over income redistribution in Japan. Although income level is negatively correlated with support for redistribution, it does not explain much; there are other important factors, which relate to dynamics and uncertainty such as income risk. Even after controlling for income, both risk-averse individuals and those who expect to be unemployed in the future favor greater redistribution. Interaction of aging and mobility proved important. Relatively poor elderly, who presumably have few prospects of upward mobility, strongly support greater redistribution, whereas younger people are less sympathetic to such a policy.
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Bibliographic InfoArticle provided by Japanese Economic Association in its journal The Japanese Economic Review.
Volume (Year): 55 (2004)
Issue (Month): 4 ()
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[Uncertainty and the demand for redistribution in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 201-232.
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