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  • 标题:Income inequality and social preferences for redistribution and compensation differentials
  • 本地全文:下载
  • 作者:William R. Kerr
  • 期刊名称:Bank of Finland Research Discussion Papers (früher: Bank of Finland Discussion Papers)
  • 印刷版ISSN:0785-3572
  • 电子版ISSN:1456-6184
  • 出版年度:2013
  • 卷号:2013
  • 出版社:Suomen Pankki = Bank of Finland
  • 摘要:In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in in- equality due to forces like skill-biased technical change. Exploring movements around these long-term levels, however, this study …nds mixed evidence regarding the vicious cycle hy- pothesis. On one hand, larger compensation di¤erentials are accepted as inequality grows. This growth in di¤erentials is of a smaller magnitude than the actual increase in inequality, but it is nonetheless positive and substantial in size. Weighing against this, growth in in- equality is met with greater support for government-led redistribution to the poor. These patterns suggest that short-run inequality shocks can be reinforced in the labor market but do not result in weaker political preferences for redistribution.
  • 关键词:Inequality; Social Preferences; Social Norms; Redistribution;Welfare; Class;Warfare.
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