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Inequality, Mobility and Redistributive Politics

Author

Listed:
  • Ryo Arawatari

    (Faculty of Economics, Shinshu University)

  • Tetsuo Ono

    (Graduate School of Economics, Osaka University)

Abstract

This paper develops a model where income inequality and intergenerational mobility are jointly determined via redistributive politics. The model includes two key factors: accessibility of tertiary education for poor-born agents and multiple, selffulfilling expectations of agents. Given these factors, the model provides predictions of cross-country differences in inequality and mobility consistent with empirical observations. The model also demonstrates the dynamic motion of inequality and mobility as influenced by changes in the expectations of agents.

Suggested Citation

  • Ryo Arawatari & Tetsuo Ono, 2009. "Inequality, Mobility and Redistributive Politics," Discussion Papers in Economics and Business 09-12, Osaka University, Graduate School of Economics.
    • Handle: RePEc:osk:wpaper:0912
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    Cited by:

    1. Yuki Uchida & Tetsuo Ono, 2020. "Inequality and education choice," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 27(4), pages 980-1018, August.
    2. Uchida, Yuki & Ono, Tetsuo, 2022. "Politics of Public Education and Pension Reform with Endogenous Fertility," MPRA Paper 112748, University Library of Munich, Germany.
    3. Yuki Uchida & Tetsuo Ono, 2024. "Politics of Public Education and Pension with Endogenous Fertility," Discussion Papers in Economics and Business 24-07, Osaka University, Graduate School of Economics.
    4. Lyu, Weicheng, 2025. "Social mobility and political stability," European Journal of Political Economy, Elsevier, vol. 87(C).
    5. Ryo Arawatari & Tetsuo Ono, 2015. "A Political Economy Model of Earnings Mobility and Redistribution Policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(3), pages 346-382, June.
    6. Uchida, Yuki & Ono, Tetsuo, 2024. "Life expectancy and politics of public education and pension with endogenous fertility," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    7. Tetsuo Ono, 2014. "Economic Growth and the Politics of Intergenerational Redistribution," Discussion Papers in Economics and Business 14-17-Rev., Osaka University, Graduate School of Economics, revised Sep 2015.
    8. Buckles, Kasey, 2017. "Maternal Socio-Economic Status and the Well-Being of the Next Generation(s)," IZA Discussion Papers 10714, Institute of Labor Economics (IZA).
    9. Miyake, Yusuke & Yasuoka, Masaya, 2018. "Intergenerational Mobility and Policy in an Aging Population," MPRA Paper 89139, University Library of Munich, Germany.

    More about this item

    Keywords

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    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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