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Individual Preferences for Political RedistributionGiacomo CorneoFree University of Berlin (FUB); Universität Osnabrück - Faculty of Business Administration - Department of Economics; CESifo (Center for Economic Studies and Ifo Institute for Economic Research); Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA) H. P. GrunerUniversity of Mannheim - Department of Economics; Institute for the Study of Labor (IZA); Centre for Economic Policy Research (CEPR) February 2001 CEPR Discussion Paper No. 2694 Abstract: What drives people's support of governmental reduction of income inequality? We employ data from a large international survey in order to evaluate the explanatory power of three competing forces, referred to as the "homo oeconomicus effect", the "public values effect", and the "social rivalry effect". The empirical analysis reveals that at the aggregate level all three effects play a significant role in shaping individual preferences for political redistribution. Attitudes of citizens in formerly socialist countries turn out to differ from those of western citizens in a systematic way.
Number of Pages in PDF File: 32 Keywords: Governmental redistribution, political attitudes JEL Classification: D31, D72, H23 working papers seriesDate posted: March 22, 2001Suggested CitationContact Information
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