Article ID Journal Published Year Pages File Type
7370665 The Journal of Socio-Economics 2013 8 Pages PDF
Abstract
► We test Benjamin Friedman's hypothesis that income growth increases support for egalitarian social policy. ► We find support for a modified hypothesis: the taste for egalitarian policy is high when growth is rising, not high. ► The modified Friedman hypothesis is not particular to industrial or Western countries. ► Indeed, it holds more strongly among less developed than more developed countries. ► 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
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