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A Note on the POUM Effect with Heterogeneous Social Mobility

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  • Feri, Francesco

Abstract

We study the determinants of the (steady-state) POUM effect in a model where the individuals evaluate their expected future income using both their current income and observable characteristics such as education, race or gender.

Suggested Citation

  • Feri, Francesco, 2011. "A Note on the POUM Effect with Heterogeneous Social Mobility," Working Papers DEAMS 5, DEAMS - Dipartimento di Scienze Economiche, Aziendali, Matematiche e Statistiche "Bruno de Finetti".
  • Handle: RePEc:tre:wpaper:5
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    File URL: http://hdl.handle.net/10077/5705
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    Cited by:

    1. is not listed on IDEAS
    2. Laméris, Maite D. & Garretsen, Harry & Jong-A-Pin, Richard, 2020. "Political ideology and the intragenerational prospect of upward mobility," European Journal of Political Economy, Elsevier, vol. 62(C).

    More about this item

    Keywords

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    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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