全球智库信息集成服务系统(G2TT): Repeated Shocks and Preferences for Redistribution

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Repeated Shocks and Preferences for Redistribution
	Giovanni Gualtieri; Marcella Nicolini; Fabio Sabatini; Luca Zamparelli
发表日期	2018
出处	Economic Theory
出版年	2018
语种	英语
摘要	A society that believes wealth to be determined by random “luck” rather than by merit, demands more redistribution. The theoretical literature shows that any increase in the volatility of income caused by unpredictable adverse shocks implies a higher support for 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 shock play a role in shaping redistributive preferences. *** Suggested citation: Gualtieri, G., M. Nicolini, F. Sabatini, L. Zamparelli, (2018), 'Repeated Shocks and Preferences for RedistributionRepeated Shocks and Preferences for Redistribution', Nota di Lavoro 15.2018, Milano, Italy: Fondazione Eni Enrico Mattei
特色分类	H10;H53;D63;D69;Z1
关键词	Redistribution Inequality Natural Disasters Earthquakes Multiple Shocks
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/natural-disasters-and-demand-for-redistribution-lessons-from-an-earthquake/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118589
推荐引用方式 GB/T 7714	Giovanni Gualtieri,Marcella Nicolini,Fabio Sabatini,et al. Repeated Shocks and Preferences for Redistribution. 2018.

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cover-front33.jpg（81KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
ndl2018-015.pdf（11462KB）	智库出版物		限制开放	CC BY-NC-SA	浏览