Who Supports Redistribution? (in Japanese)
Using an original dataset, we investigated the determinants of individual preferences over income redistribution in Japan. Although income is negatively correlated with support for redistribution, it does not explain very much; there are other important factors, which relate to dynamics and uncertainty such as income risk. Even after controlling for income, risk-averse individuals and those who expect to be unemployed in the future show a strong tendency to support greater redistribution. Interaction of aging and mobility seems strong and important. Younger people are less favorable to redistribution, whereas the relatively poor elderly support governments that redistribute income extensively.
|Date of creation:||Jun 2003|
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