Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7370665 | The Journal of Socio-Economics | 2013 | 8 Pages |
Abstract
⺠We test Benjamin Friedman's hypothesis that income growth increases support for egalitarian social policy. ⺠We find support for a modified hypothesis: the taste for egalitarian policy is high when growth is rising, not high. ⺠The modified Friedman hypothesis is not particular to industrial or Western countries. ⺠Indeed, it holds more strongly among less developed than more developed countries. ⺠In rich countries, policy preferences depend more on the change inequality than the change in growth rates.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Lewis S. Davis, Matthew Knauss,