Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6038 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。