A Note on the POUM Effect with Heterogeneous Social Mobility

Francesco Feri

No 5, Working Papers DEAMS from DEAMS - Dipartimento di Scienze Economiche, Aziendali, Matematiche e Statistiche "Bruno de Finetti"

Abstract: We study the determinants of the (steady-state) POUM effect in a model where the individuals evaluate their expected future income using both their current income and observable characteristics such as education, race or gender.

Keywords: social mobility; income distribution; inequality; taxation (search for similar items in EconPapers)
Date: 2011-12
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Related works:
Journal Article: A note on the POUM effect with heterogeneous social mobility (2012)
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