IDEAS home Printed from https://ideas.repec.org/a/wly/fistud/v45y2024i1p55-76.html
   My bibliography  Save this article

Willingness to pay for improved public education and public healthcare systems: the role of income mobility prospects

Author

Listed:
  • Rasmus Wiese
  • Steffen Eriksen

Abstract

Income mobility prospects affect individuals’ willingness to pay higher taxes, or give part of their income, to improve the public healthcare and public education systems. In line with the prospects of the upward mobility hypothesis, risk‐willing individuals who expect to move far up the socio‐economic ladder are less willing to pay compared with individuals who expect no upward transition. Consistent with a social insurance effect, risk‐averse individuals who hold modest upward prospects are more willing to pay compared with individuals without upward prospects. These findings are based on more than 19,000 observations from the third round of the Life in Transition Survey.

Suggested Citation

  • Rasmus Wiese & Steffen Eriksen, 2024. "Willingness to pay for improved public education and public healthcare systems: the role of income mobility prospects," Fiscal Studies, John Wiley & Sons, vol. 45(1), pages 55-76, March.
    • Handle: RePEc:wly:fistud:v:45:y:2024:i:1:p:55-76
    DOI: 10.1111/1475-5890.12359
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1475-5890.12359
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1475-5890.12359?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:fistud:v:45:y:2024:i:1:p:55-76. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)1475-5890 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.