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Regulation and Income Mobility

Author

Listed:
  • Geloso Vincent

    (Department of Economics, 3298 George Mason University , Fairfax, USA)

  • Sharma Pradyot

    (Department of Economics, 3298 George Mason University , Fairfax, USA)

Abstract

Much of the discussion on income mobility is focused on mitigating inequality through taxation and redistribution without considering the institutional and regulatory landscape that contributes to a decrease in income mobility. We present evidence on the role of economic freedom and deregulation in increasing income mobility and argue that policies promoting the two offer a more potent solution towards improving the economic status of the poor. Economic freedom can mitigate the impact of technological shocks on individuals in the lower end of the income distribution, an issue that has significant policy implications in light of the changing technological landscape.

Suggested Citation

  • Geloso Vincent & Sharma Pradyot, 2025. "Regulation and Income Mobility," The Economists' Voice, De Gruyter, vol. 22(1), pages 143-149.
    • Handle: RePEc:bpj:evoice:v:22:y:2025:i:1:p:143-149:n:1009
    DOI: 10.1515/ev-2025-0007
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    More about this item

    Keywords

    economic freedom; intergenerational mobility; deregulation;
    All these keywords.

    JEL classification:

    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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