Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/268038 
Year of Publication: 
2023
Series/Report no.: 
Kiel Working Paper No. 2230
Version Description: 
This Draft: January 2023
Publisher: 
Kiel Institute for the World Economy (IfW Kiel), Kiel
Abstract: 
We test for different theories purporting to explain cross-country differences in income redistribution through standardized experimental choices. US Americans and Italians demand less redistribution than Norwegians and Germans, regardless of whether self-interest is relevant. Those earning (or expecting to earn) below-median incomes behave as "libertarians" more frequently in the US and Italy than in Germany and Norway. Above-the-median earners behave similarly across countries. Higher overconfidence by US Americans and Italians further reduces their demand for redistribution under uncertainty. The "Prospect of Upward Mobility" hypothesis holds similarly in all countries. US Americans do not reward individual merit more than others.
Subjects: 
Income Redistribution
Inequality
Experiment
Merit
Overconfidence
Prospects of Upward Mobility
Cross-country research
JEL: 
C92
D63
H23
O57
Document Type: 
Working Paper

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