G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6038
DP6038 Dynamic Choice, Independence, and Emotions
Frans A.A.M. van Winden; Astrid Hopfensitz
发表日期2007-01-14
出版年2007
语种英语
摘要We show theoretically that income redistribution benefits borrowing-constrained individuals more than is implied by standard relative-income and uninsurable-risk considerations. Empirically, we find in international opinion-survey data that younger and lower-income individuals express stronger support for government redistribution in countries where consumer credit is less easily available. This evidence supports our theoretical perspective if such individuals are more strongly affected by tighter credit supply, in that expectations of higher incomes in the future increase their propensity to borrow.
主题International Macroeconomics ; Labour Economics
关键词Borrowing constraints Consumer credit
URLhttps://cepr.org/publications/dp6038
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534872
推荐引用方式
GB/T 7714
Frans A.A.M. van Winden,Astrid Hopfensitz. DP6038 Dynamic Choice, Independence, and Emotions. 2007.
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