American Economic Review Vol. 108 No. 2 2018

Intergenerational Mobility and Preferences for Redistribution

Alberto Alesina¹; Stefanie Stantcheva²; Edoardo Teso³

¹ Department of Economics, Harvard University, Littauer Center 210, Cambridge, MA 02138, IGIER, and NBER (email: ) · ² Department of Economics, Harvard University, Littauer Center 232, Cambridge, MA 02138, CEPR, and NBER (email: ) · ³ Department of Economics, Harvard University, 1805 Cambridge Street, Cambridge MA 02138 (email: )

Abstract

Using new cross-country survey and experimental data, we investigate how beliefs about intergenerational mobility affect preferences for redistribution in France, Italy, Sweden, the United Kingdom, and the United States. Americans are more optimistic than Europeans about social mobility. Our randomized treatment shows pessimistic information about mobility and increases support for redistribution, mostly for “equality of opportunity” policies. We find strong political polarization. Left-wing respondents are more pessimistic about mobility: their preferences for redistribution are correlated with their mobility perceptions; and they support more redistribution after seeing pessimistic information. None of this is true for right-wing respondents, possibly because they see the government as a “problem” and not as the “solution.”

DOI

10.1257/aer.20162015

Volume

108

Issue

2

Pages

521-554

Language

en

Sources

bibtex:phds-export.bib openalex crossref

Cite

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