Inequality, Mobility and Redistributive Politics

Ryo Arawatari and Tetsuo Ono

No 09-12-Rev.2, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

Abstract: This paper develops a model where income inequality and intergenerational mo- bility are jointly determined via redistributive politics. The model includes two key factors: accessibility of tertiary education for poor-born agents and multiple self- ful?lling expectations of agents. Given these factors, the model provides predictions of cross-country differences in inequality and mobility consistent with empirical ob- servations.

Keywords: Inequality; Inequality; Intergenerational mobility; Redistribution; Markov per- fect political equilibrium; Overlapping generations (search for similar items in EconPapers)
JEL-codes: D70 H55 I38 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2009-04, Revised 2010-02
New Economics Papers: this item is included in nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Inequality, mobility and redistributive politics (2013)
Working Paper: Inequality, Mobility and Redistributive Politics (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:osk:wpaper:0912r

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