Preference for redistribution during structural change with labor mobility frictions

Krzysztof Makarski and Joanna Tyrowicz

European Journal of Political Economy, 2023, vol. 77, issue C

Abstract: Thorough structural change occurs periodically across world economies. In a parsimonious overlapping generation setup with political economy, we present a novel result: structural change not only exacerbates the rise in inequality but also strengthens the preference for redistribution. Labor mobility frictions are instrumental in this mechanism.

Keywords: Structural change; Labor mobility frictions; Redistribution (search for similar items in EconPapers)
JEL-codes: H10 Z1 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Working Paper: Preference for redistribution during structural change with labor mobility frictions (2022)
Working Paper: Preference for Redistribution during Structural Change with Labor Mobility Frictions (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:77:y:2023:i:c:s0176268022001197

DOI: 10.1016/j.ejpoleco.2022.102316

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