More Income Equality or Not? An Empirical Analysis of Individuals? Preferences

Arbeitspapier

Do people prefer a society with an extensive social welfare system with high taxes, or low taxes but lax redistributive policies' Although economists have for a long time investigated the trade-off mechanism between equity and efficiency, surprisingly little information is available about citizens' preferences over the distribution of income in a society. The aim of this paper is reduce this shortcoming, investigating in an empirical study working with World Values Survey, what shapes individuals' preferences for income equality in Spain. We present evidence that not only traditional economic variables are relevant to be considered, but also factors such as ideology, political interest, fairness perception about others or trust in institutions, are key determinants to understand preferences towards redistribution and equality.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CREMA Working Paper ; No. 2005-23

Classification and Topics

• Classification: Wirtschaft ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; National Government Expenditures and Welfare Programs ; General Welfare; Well-Being
• Subject: redistribution ; inequality ; welfare state ; social capital

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): García-Valiñas, María A. ; Llera, Roberto Fernández ; Torgler, Benno
• Event: Veröffentlichung
• (who): Center for Research in Economics, Management and the Arts (CREMA)
• (where): Basel
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/214337
• Last update: 10.03.2025, 11:43 AM CET