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Do We Value Mobility?

Listed author(s):
  • Yoram Amiel
  • Michele Bernasconi
  • Michele Bernasconi
  • Frank A Cowell
  • Valentino Dardanoni
  • Valentino Dardanoni

Is there a trade-off between people's preference for income equality and income mobility? Testing for the existence of such a trade-off is difficult because mobility is a multifaceted concept. We analyse results from a questionnaire experiment based on simple precise concepts of income inequality and income mobility. We fnd no direct trade-off in preference between mobility and equality, but an indirect trade-off, applying when more income mobility can only be obtained at the expense of some income inequality. Mobility preference - but not equality preference - appears to be driven by personal experience of mobility.

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File URL: http://sticerd.lse.ac.uk/dps/pep/pep17.pdf
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Paper provided by Suntory and Toyota International Centres for Economics and Related Disciplines, LSE in its series STICERD - Public Economics Programme Discussion Papers with number 17.

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Date of creation: Apr 2013
Handle: RePEc:cep:stippp:17
Contact details of provider: Web page: http://sticerd.lse.ac.uk/_new/publications/default.asp

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