Risk-Aversion and Social Mobility: The Impossibility of Order-Preserving Income Redistributions

Arbeitspapier

The traditional criticism notwithstanding, we show that social mobility can, in principle, explain political income redistributions. Nonetheless, the social-mobility argument for redistribution is not satisfactory, as actual transition probabilities are not consistent with order-preserving redistributions.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 321

Classification and Topics

• Classification: Wirtschaft
• Subject: Political economy ; social mobility ; income redistribution

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Danziger, Leif ; Ursprung, Heinrich
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2000

Further information

• Handle: http://hdl.handle.net/10419/75582
• Last update: 10.03.2025, 11:42 AM CET