Abstract
Social mobility can, in principle, explain political income redistributions. Nonetheless, by itself the social-mobility argument for redistribution is not plausible, as actual transition probabilities are inconsistent with order-preserving redistributions.
Original language | English |
---|---|
Pages (from-to) | 9-13 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 74 |
Issue number | 1 |
DOIs | |
State | Published - 20 Dec 2001 |
Externally published | Yes |
Keywords
- D31
- D72
- Income redistribution
- Political economy
- Social mobility
ASJC Scopus subject areas
- Finance
- Economics and Econometrics