Yamamura, Eiji (2011): Effect of social capital on income distribution preferences: comparison of neighborhood externality between high- and low-income households.
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This paper explores how individual preferences for income redistribution are influenced by social capital, which is measured by rates of participation in community activities. I combined individual-level data and place of residence data to examine how social capital accumulated in residential areas influences an individual’s preference for income redistribution. After controlling for individual characteristics, I obtained the following key findings: people are more likely to prefer income redistribution in areas with higher rates of community participation. This tendency is more clearly observed in high-income groups than in low-income groups. This implies that one’s preference for income redistribution is influenced by psychological externalities.
|Item Type:||MPRA Paper|
|Original Title:||Effect of social capital on income distribution preferences: comparison of neighborhood externality between high- and low-income households|
|Keywords:||Redistribution; Social capital; Inequality; Externality|
|Subjects:||D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H20 - General
D - Microeconomics > D3 - Distribution > D30 - General
Z - Other Special Topics > Z1 - Cultural Economics; Economic Sociology; Economic Anthropology > Z13 - Economic Sociology; Economic Anthropology; Social and Economic Stratification
|Depositing User:||eiji yamamura|
|Date Deposited:||03. Aug 2011 17:22|
|Last Modified:||14. Feb 2013 09:55|
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