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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- Yamamura, Eiji, 2012. "Norm for redistribution, social capital, and perceived tax burden: comparison between high- and low-income households," MPRA Paper 39434, University Library of Munich, Germany.
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- Yamamura, Eiji, 2012. "Trust in government and its effect on preferences for income redistribution and perceived tax burden," MPRA Paper 39833, University Library of Munich, Germany.
- Fumio Ohtake & Shinji Takenaka, 2007. "Attitudes toward the Income Gap: Japan-U.S. Comparison," ISER Discussion Paper 0687, Institute of Social and Economic Research, Osaka University.
- Gaeta, Giuseppe Lucio, 2011. "In the mood for redistribution. An empirical analysis of individual preferences for redistribution in Italy," MPRA Paper 32049, University Library of Munich, Germany.
- Yamamura, Eiji, 2012. "Effects of siblings and birth order on income redistribution preferences," MPRA Paper 38658, University Library of Munich, Germany.
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