Spend it like Beckham? Inequality and redistribution in the UK, 1983–2004
Abstract
A main activity of the state is to redistribute resources. Models of the political process generally predict that a rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using attitudinal data. We show that the demand for redistribution, having shown considerable variation over time, is at an all-time low. We argue that the decline in the demand for redistribution can mostly be accounted for by an increasing belief in the importance of incentives though changes in preferences over the distribution of income have been important in some sub-periods.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Springer in its journal Public Choice.
Volume (Year): 151 (2012)
Issue (Month): 3 (June)
Pages: 537-563
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Web page: http://www.springerlink.com/link.asp?id=100332
Related research
Keywords: Taxation; Inequality; Redistribution; H20; D72;Other versions of this item:
- Andreas Georgiadis & Alan Manning, 2007. "Spend It Like Beckham? Inequality and Redistribution in the UK, 1983-2004," CEP Discussion Papers dp0816, Centre for Economic Performance, LSE.
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
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Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Javier Olivera, 2012. "Preferences for Redistribution in Europe," Working Papers 201225, Geary Institute, University College Dublin.
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