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Preferences for redistribution and social structure

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Schokkaert, Erik Truyts, Tom [USL-B]

We model inter-individual differences in preferences for redistribution as afunction of (a) self-interest; (b) ideas about the deservingness of income differencesdue to luck, effort and talent; (c) subjective perceptions of the relative importanceof these determinants for explaining the actual income distribution. Individuals basethe latter on information obtained from their reference group. We analyse the con-sequences for redistributive preferences of homophilous reference group formationbased on talent. Our model makes it possible to understand and integrate some of themain insights from the empirical literature. We illustrate with GSS data from 1987how our model may help in structuring empirical work.

Document type Article de périodique (Journal article) – Article de recherche
Access type Accès libre
Publication date 2017
Language Anglais
Journal information "Social Choice and Welfare" - Vol. 49, p. 545-576 (2017)
Peer reviewed yes
Publisher Springer (Heidelberg)
issn 0176-1714
e-issn 1432-217X
Publication status Publié
Affiliations UCL - SSH/LIDAM/CORE - Center for operations research and econometrics
USL-B - Centre de recherche en Economie (CEREC)
USL-B - Autre
Links
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Bibliographic reference Schokkaert, Erik ; Truyts, Tom. Preferences for redistribution and social structure. In: Social Choice and Welfare, Vol. 49, p. 545-576 (2017)
Permanent URL http://hdl.handle.net/2078.3/177989