Absolute gains, relative losses: How the poor and the rich view redistribution differently
MARCO PASTOR MAYO
Abstract:How do people perceive the utility of redistribution? Support for redistribution is commonly understood as being determined by self‐interest in a way that is monotonically proportional to expected net transfers. However, this would imply that average support for redistribution is static and unaffected by changes in the distribution of incomes. This study addresses this incongruence by integrating concepts from the literature on redistribution preferences, namely the diminishing marginal utility of income, ineq… Show more
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