A Political Economy Model of Earnings Mobility and Redistribution Policy

Arawatari, Ryo; Ono, Tetsuo

A Political Economy Model of Earnings Mobility and Redistribution Policy

Arawatari, Ryo; Ono, Tetsuo

Discussion Papers In Economics And Business, 2012, 08-18-Rev.4

アクセス数:335件（2025-07-06 19:20 集計）

固定URL: https://hdl.handle.net/11094/22992

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タイトル	A Political Economy Model of Earnings Mobility and Redistribution Policy
著者	NRID 1000020547335 1000020547335 著者名 Arawatari, Ryo
著者	NRID 1000050305661 1000050305661 ORCID 0000-0002-9838-828X 0000-0002-9838-828X researchmap permalink tono tono Scopus Author ID 7403947415 7403947415 著者名 Ono, Tetsuo
キーワード等	earnings mobility
	political economy
	redistribution
内容	* Revised: The Political Economy of Earnings Mobility and Redistribution Policy [08-18, 2008]
	* Revised：The Political Economy of Occupational Mobility and Redistribution Policy [08-18-Rev., 2009]
	* Revised： [08-18-Rev.2, 2010]
	* Revised： [08-18-Rev.3, 2011]
抄録	This paper presents a politico-economic model that includes a mutual link between life cycle earnings mobility and redistributive politics. The model demonstrates that when an economy features a high opportunity of upward mobility and high risk of downward mobility, it attains a unique equilibrium where unskilled, low-income agents support a low redistribution because of the hope of upward mobility in future. In contrast, the economy attains multiple equilibria when mobility opportunity and risk are low: one is an unskilled-majority equilibrium defined by low mobility and the other is a skilled-majority equilibrium defined by high mobility. The paper gives a comparison between the political equilibrium and the social planner’s allocation in terms of mobility, and shows that the skilled-majority equilibrium realizes mobility close to the optimal one.
出版者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
収録物名	Discussion Papers In Economics And Business
巻(号)	08-18-Rev.4
刊行年月	2012-10
言語	英語
ハンドルURL	https://hdl.handle.net/11094/22992
NCID	AA1160366X
関連情報 (references)	URI http://www2.econ.osaka-u.ac.jp/library/global/dp/0818R4.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Discussion Papers In Economics And Business
最終更新日	2010-09
	2011-08
	2012-10
	2009-04

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business. 2012, 08-18-Rev.4
DC.title	A Political Economy Model of Earnings Mobility and Redistribution Policy
DC.creator	Arawatari, Ryo
DC.creator	Ono, Tetsuo
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2012-10
DC.relation' scheme='DCTERMS.URI	http://www2.econ.osaka-u.ac.jp/library/global/dp/0818R4.pdf
DC.subject	earnings mobility
	political economy
	redistribution
DC.description	* Revised: The Political Economy of Earnings Mobility and Redistribution Policy [08-18, 2008]
	* Revised：The Political Economy of Occupational Mobility and Redistribution Policy [08-18-Rev., 2009]
	* Revised： [08-18-Rev.2, 2010]
	* Revised： [08-18-Rev.3, 2011]
DCTERMS.abstract	This paper presents a politico-economic model that includes a mutual link between life cycle earnings mobility and redistributive politics. The model demonstrates that when an economy features a high opportunity of upward mobility and high risk of downward mobility, it attains a unique equilibrium where unskilled, low-income agents support a low redistribution because of the hope of upward mobility in future. In contrast, the economy attains multiple equilibria when mobility opportunity and risk are low: one is an unskilled-majority equilibrium defined by low mobility and the other is a skilled-majority equilibrium defined by high mobility. The paper gives a comparison between the political equilibrium and the social planner’s allocation in terms of mobility, and shows that the skilled-majority equilibrium realizes mobility close to the optimal one.
DC.format	22992
citation_title	A Political Economy Model of Earnings Mobility and Redistribution Policy
citation_author	Arawatari, Ryo
citation_author	Ono, Tetsuo
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
citation_language	英語
citation_date	2012-10
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	08-18-Rev.4
citation_public_url	https://hdl.handle.net/11094/22992
citation_abstract_html_url	http://www2.econ.osaka-u.ac.jp/library/global/dp/0818R4.pdf

A Political Economy Model of Earnings Mobility and Redistribution Policy

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