Repeated Shocks and Preferences for Redistribution
Giovanni Gualtieri (),
Marcella Nicolini and
Fabio Sabatini ()
Additional contact information
Giovanni Gualtieri: National Research Council, Italy
No 12475, IZA Discussion Papers from Institute of Labor Economics (IZA)
A society that believes wealth to be determined by random "luck", rather than by merit, demands more redistribution. We present evidence of this behavior by exploiting a natural experiment provided by the L'Aquila earthquake in 2009, which hit a large area of Central Italy through a series of destructive shakes over eight days. Matching detailed information on the ground acceleration registered during each shock with survey data about individual opinions on redistribution we show that the average intensity of the shakes is associated with subsequent stronger beliefs that, for a society to be fair, income inequalities should be levelled by redistribution. The shocks, however, are not all alike. We find that only the last three shakes - occurred on the fourth and the eighth day of the earthquake - have a statistically significant impact. Overall, we find that the timing and repetition of the shocks play a role in informing redistributive preferences.
Keywords: earthquakes; natural disasters; inequality; redistribution; multiple shocks (search for similar items in EconPapers)
JEL-codes: H10 H53 D63 D69 Z1 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pub and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Published in: Journal of Economic Behavior & Organization, available online 26 September 2019 ( http://doi.org/10.1016/j.jebo.2019.09.016 )
Downloads: (external link)
Working Paper: Repeated shocks and preferences for redistribution (2019)
Working Paper: Repeated shocks and preferences for redistribution (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp12475
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().