A note on the POUM effect with heterogeneous social mobility
AbstractWe study the determinants of the (steady-state) POUM effect in a model where the individuals evaluate their expected future income using both their current income and observable characteristics such as education, race or gender.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 115 (2012)
Issue (Month): 2 ()
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Web page: http://www.elsevier.com/locate/ecolet
Social mobility; Income distribution; Inequality; Taxation;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
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