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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 mo- bility are jointly determined via redistributive politics. The model includes two key factors: accessibility of tertiary education for poor-born agents and multiple self- ful?lling expectations of agents. Given these factors, the model provides predictions of cross-country differences in inequality and mobility consistent with empirical ob- servations.

Suggested Citation

  • Ryo Arawatari & Tetsuo Ono, 2009. "Inequality, Mobility and Redistributive Politics," Discussion Papers in Economics and Business 09-12-Rev.2, Osaka University, Graduate School of Economics, revised Feb 2010.
    • Handle: RePEc:osk:wpaper:0912r
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    References listed on IDEAS

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    Cited by:

    1. 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.
    2. 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.
    3. 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.
    4. Miyake, Yusuke & Yasuoka, Masaya, 2018. "Intergenerational Mobility and Policy in an Aging Population," MPRA Paper 89139, University Library of Munich, Germany.
    5. Uchida, Yuki & Ono, Tetsuo, 2022. "Politics of Public Education and Pension Reform with Endogenous Fertility," MPRA Paper 112748, University Library of Munich, Germany.
    6. 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.
    7. 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).

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    More about this item

    Keywords

    Inequality; Inequality; Intergenerational mobility; Redistribution; Markov per- fect political equilibrium; Overlapping generations;
    All these keywords.

    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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