04/16/2024

Support for Redistribution in an Age of Rising Inequality: New Stylized Facts and Some Tentative Explanations

Despite the large increases in economic inequality since 1970, American survey respondents exhibit no increase in support for redistribution, in contrast to the predictions from standard theories of redistributive preferences. . . In particular, the two groups who have most moved against income redistribution are the elderly and African-Americans, two groups relatively more reliant on it.

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