Arbeitspapier

The fair-minded rich and healthy? (Youth) unemployment, inequality and fairness concerns in preferences for redistribution

Do rising inequality and youth unemployment aect preferences for redistribution? Using country-level European survey data from 2002 to 2015, I show that changes in market inequality and the rise of (youth) unemployment increase preferences for redistribution. The ndings are supported by the respondents' fairness concerns. Estimated effects exhibit substantial heterogeneity. There is systematic variation among fairness concerns with respect to income and health, which are triggered by market income inequality and (youth) unemployment. The preferences of the relatively rich and healthy are more responsive to the level of inequality and youth unemployment. At very high youth unemployment rates, even the rich might be in favor of redistribution. Results suggest that "income-and health-dependent fairness concerns" exist.

Language
Englisch

Bibliographic citation
Series: WWZ Working Paper ; No. 2020/02

Classification
Wirtschaft
Relation of Economics to Social Values
Household Behavior: General
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Subject
Preferences for redistribution
Inequality
Fairness concerns
Income-dependent altruism
Health-dependent-altruism
Youth unemployment
unemployment
Meltzer-Richards
Inequality
Market inequality

Event
Geistige Schöpfung
(who)
Armbruster, Stephanie
Event
Veröffentlichung
(who)
University of Basel, Center of Business and Economics (WWZ)
(where)
Basel
(when)
2020

DOI
doi:10.5451/unibas-ep76044
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Armbruster, Stephanie
  • University of Basel, Center of Business and Economics (WWZ)

Time of origin

  • 2020

Other Objects (12)