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Aspirations of the middle class: voting on redistribution and status concerns
[working paper]
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Wissenschaftszentrum Berlin für Sozialforschung gGmbH
Abstract
This paper analyzes the role of narrowly selfish and other-regarding preferences for the median voter in a Meltzer-Richard (1981) framework. We use computerized and real human co-players to distinguish between these sets of motivations. Redistribution to real co-players has a negative effect on the ... view more
This paper analyzes the role of narrowly selfish and other-regarding preferences for the median voter in a Meltzer-Richard (1981) framework. We use computerized and real human co-players to distinguish between these sets of motivations. Redistribution to real co-players has a negative effect on the median voter's tax rate choice. Further, perceived income mobility decreases the desired amount of redistribution. Our results suggest the importance of concerns about own mobility as well as status concerns of the median voter who tends to keep distance to the low-income group, whereas inequity aversion does not play a role in the political economy context. (author's abstract)... view less
Keywords
redistribution; experiment; mobility; income; political economy; inequality
Classification
Income Policy, Property Policy, Wage Policy
Economic Policy
Free Keywords
Medianwahl
Document language
English
Publication Year
2011
City
Berlin
Page/Pages
34 p.
Series
Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Schwerpunkt Märkte und Politik, Forschungsprofessur und Projekt The Future of Fiscal Federalism, SP II 2011-102
Handle
https://hdl.handle.net/10419/54587
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications