Preference for redistribution during structural change with labor mobility frictions

Makarski, Krzysztof and Tyrowicz, Joanna (2023) Preference for redistribution during structural change with labor mobility frictions. EUROPEAN JOURNAL OF POLITICAL ECONOMY, 77: 102316. ISSN 0176-2680, 1873-5703

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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.

Item Type: Article
Uncontrolled Keywords: GROWTH; SIZE; Structural change; Labor mobility frictions; Redistribution
Subjects: 300 Social sciences > 340 Law
Divisions: Law > Bürgerliches Recht > Lehrstuhl für Bürgerliches Recht, Unternehmensrecht und Grundlagen des Rechts - Prof. Dr. Alexander Hellgardt
Depositing User: Dr. Gernot Deinzer
Date Deposited: 31 Jan 2024 07:43
Last Modified: 31 Jan 2024 07:43
URI: https://pred.uni-regensburg.de/id/eprint/59830

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