nep-ltv New Economics Papers
on Unemployment, Inequality and Poverty
Issue of 2014‒03‒22
three papers chosen by
Maximo Rossi
University of the Republic

  1. Does Money Make People Right-Wing and Inegalitarian? A Longitudinal Study of Lottery Winners By Powdthavee, Nattavudh; Oswald, Andrew J.
  2. Opportunity for all: How to think about income inequality By Kevin A. Hassett; Aparna Mathur; Arthur C. Brooks; Jonah Goldberg; Michael R. Strain; James Pethokoukis; Sita Nataraj Slavov; W. Bradford Wilcox
  3. Interpreting Trends in Intergenerational Mobility By Nybom, Martin; Stuhler, Jan

  1. By: Powdthavee, Nattavudh (London School of Economics); Oswald, Andrew J. (University of Warwick)
    Abstract: The causes of people’s political attitudes are largely unknown. We study this issue by exploiting longitudinal data on lottery winners. Comparing people before and after a lottery windfall, we show that winners tend to switch towards support for a right-wing political party and to become less egalitarian. The larger the win, the more people tilt to the right. This relationship is robust to (i) different ways of defining right-wing, (ii) a variety of estimation methods, and (iii) methods that condition on the person previously having voted left. It is strongest for males. Our findings are consistent with the view that voting is driven partly by human self-interest. Money apparently makes people more right-wing.
    Keywords: Voting; gender; lottery wins; political preferences; income; attitudes.
    Date: 2014
  2. By: Kevin A. Hassett (American Enterprise Institute); Aparna Mathur (American Enterprise Institute); Arthur C. Brooks (American Enterprise Institute); Jonah Goldberg (American Enterprise Institute); Michael R. Strain (American Enterprise Institute); James Pethokoukis (American Enterprise Institute); Sita Nataraj Slavov (American Enterprise Institute); W. Bradford Wilcox
    Abstract: Fighting to lift up vulnerable people is a mission with universal resonance. It is time for advocates of free enterprise to join the conversation, explain the truth about inequality and redistribution, and articulate the principles that will restore opportunity for all.
    Keywords: tax rates,poverty,opportunity,minimum wage,Income inequality,consumption
    JEL: A
    Date: 2014–03
  3. By: Nybom, Martin (Swedish Institute for Social Research, Stockholm University); Stuhler, Jan (Swedish Institute for Social Research, Stockholm University)
    Abstract: -
    Keywords: -
    Date: 2014–03–10

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