Checchi Filippin 2003a - Revision history

Scipediacontent at 11:08, 14 October 2020

2020-10-14T11:08:40Z

Scipediacontent at 11:06, 14 October 2020

2020-10-14T11:06:10Z

Scipediacontent: Scipediacontent moved page Draft Content 925599231 to Checchi Filippin 2003a

2020-10-14T11:04:04Z

Scipediacontent moved page Draft Content 925599231 to Checchi Filippin 2003a

Scipediacontent: Created page with " == Abstract == The prospect of upward mobility (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are po..."

2020-10-14T11:04:01Z

Created page with " == Abstract == The prospect of upward mobility (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are po..."

New page

== Abstract ==

The prospect of upward mobility (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are poorer than the average optimally choose to oppose redistribution policies. The underlying intuition is that these individuals rationally expect to be richer than average in the future. This result holds provided the mobility process is concave in expectations, redistribution policies are expected to last for a sufficiently long period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment where the concavity of the mobility process, the degree of social mobility, the knowledge of personal income and the degree of inequality are used as treatments. Other determinants of the demand for redistribution, such as risk aversion and inequality aversion are (partially) controlled for via either the experiment design or the information collected during the experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed effects.

Document type: Part of book or chapter of book

== Original document ==

The different versions of the original document can be found in:

* [http://hdl.handle.net/10419/20148 http://hdl.handle.net/10419/20148]

* [http://hdl.handle.net/2434/172777 http://hdl.handle.net/2434/172777]

* [https://air.unimi.it/bitstream/2434/172777/2/An%20experimental%20study%20of%20the%20POUM%20hypothesis.pdf https://air.unimi.it/bitstream/2434/172777/2/An%20experimental%20study%20of%20the%20POUM%20hypothesis.pdf]

← Older revision		Revision as of 11:08, 14 October 2020
Line 7:		Line 7:

	== Original document ==		== Original document ==
		+	<pdf>Media:Checchi_Filippin_2003a_1197_An experimental study of the POUM hypothesis.pdf</pdf>

	The different versions of the original document can be found in:		The different versions of the original document can be found in:

@@ Line 2: / Line 2: @@
 == Abstract ==
-The prospect of upward mobility (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are poorer than the average optimally choose to oppose redistribution policies. The underlying intuition is that these individuals rationally expect to be richer than average in the future. This result holds provided the mobility process is concave in expectations, redistribution policies are expected to last for a sufficiently long period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment where the concavity of the mobility process, the degree of social mobility, the knowledge of personal income and the degree of inequality are used as treatments. Other determinants of the demand for redistribution, such as risk aversion and inequality aversion are (partially) controlled for via either the experiment design or the information collected during the experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed effects.
+The "prospect of upward mobility" (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are poorer than the average optimally choose to oppose redistribution policies. The underlying intuition is that these individuals rationally expect to be richer than average in the future. This result holds provided the mobility process is concave in expectations, redistribution policies are expected to last for a sufficiently long period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment where the concavity of the mobility process, the degree of social mobility, the knowledge of personal income and the degree of inequality are used as treatments. Other determinants of the demand for redistribution, such as risk aversion and inequality aversion are (partially) controlled for via either the experiment design or the information collected during the experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed effects.
 Document type: Part of book or chapter of book
 == Original document ==

← Older revision	Revision as of 11:04, 14 October 2020
(No difference)

Checchi Filippin 2003a - Revision history

Scipediacontent at 11:08, 14 October 2020

Scipediacontent at 11:06, 14 October 2020

Scipediacontent: Scipediacontent moved page Draft Content 925599231 to Checchi Filippin 2003a

Scipediacontent: Created page with " == Abstract == The prospect of upward mobility (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are po..."

Scipediacontent: Created page with " == Abstract == The prospect of upward mobility (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are po..."