A Political Economy Model of Earnings Mobility and Redistribution Policy
A Political Economy Model of Earnings Mobility and Redistribution Policy
复制标题
收入流动性与再分配政策的政治经济学模型
DOI:
10.1111/jpet.12112
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发表时间:
2015
影响因子:
1.1
通讯作者:
Tetsuo Ono
中科院分区:
文献类型:
--
作者:
Ryo Arawatari;Tetsuo Ono
This paper presents a politico-economic model that includes a mutual link between life cycle earnings mobility and redistributive politics. The model demonstrates that when an economy features a high opportunity of upward mobility and high risk of downward mobility, it attains a unique equilibrium where unskilled, low-income agents support a low redistribution because of the hope of upward mobility in future. In contrast, the economy attains multiple equilibria when mobility opportunity and risk are low: one is an unskilled-majority equilibrium defined by low mobility and the other is a skilled-majority equilibrium defined by high mobility. The paper gives a comparison between the political equilibrium and the social planner's allocation in terms of mobility, and shows that the skilled-majority equilibrium realizes mobility close to the optimal one.
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DOI:
10.2307/2073705
发表时间:
1990
期刊:
--
影响因子:
--
作者:
G. Esping-Andersen
通讯作者:
G. Esping-Andersen
DOI:
--
发表时间:
2009
期刊:
Journal of Economic Theory (印刷中)
影响因子:
--
作者:
Ryo Arawatari;Tetsuo Ono
通讯作者:
Tetsuo Ono
DOI:
--
发表时间:
2010
期刊:
影响因子:
--
作者:
Miyakawa T.;Winslow C.;宮川健;宮川健;小塚真啓;荒渡良
通讯作者:
荒渡良
影响因子:
13.7
作者:
T. Piketty
通讯作者:
T. Piketty