Record Details

Demand for redistribution in the wake of the Great Recession

Economics and Business Letters

View Archive Info
 
 
Field Value
 
Title Demand for redistribution in the wake of the Great Recession
 
Creator Kroeger, Philipp
 
Description Data from the European Social Survey suggest that while average demand for redistribution in Europe has increased in the wake of the Great Recession, the change differs significantly across income groups. A twofold hypothesis is advanced to account for this phenomenon: (1) The severity of the crisis has led to a new awareness of economic risks among middle and higher income groups, which have traditionally been far less exposed to material risks; (2) the change in risk perceptions has led to a higher support for redistribution through the social insurance motive. Empirical evidence supports this hypothesis and shows effects to be strongest for the self-employed, older workers and those living in countries most affected by the crisis.
 
Publisher Oviedo University Press
 
Contributor Prof. Claudia Senik, Paris School of Economics
Romina Boarini, OECD
 
Date 2014-10-09
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.unioviedo.es/reunido/index.php/EBL/article/view/10290
10.17811/ebl.3.3.2014.156-165
 
Source Economics and Business Letters; Vol 3, No 3 (2014): September - Special Issue Inequality and the Great Recession; 156-165
Economics and Business Letters; Vol 3, No 3 (2014): September - Special Issue Inequality and the Great Recession; 156-165
2254-4380
10.17811/ebl.3.3.2014
 
Language eng
 
Relation http://www.unioviedo.es/reunido/index.php/EBL/article/view/10290/10026
http://www.unioviedo.es/reunido/index.php/EBL/article/downloadSuppFile/10290/314
http://www.unioviedo.es/reunido/index.php/EBL/article/downloadSuppFile/10290/315
http://www.unioviedo.es/reunido/index.php/EBL/article/downloadSuppFile/10290/371
 
Rights Copyright (c) 2014 Economics and Business Letters