Spend it like Beckham?
Subtitle: inequality and redistribution in the UK, 1983-2004
By: Andreas Georgiadis and Alan Manning.
Contributors: Manning, Alan.; London School of Economics and Political Science. Centre for Economic Performance.
Series: CEP discussion paper -- no. 816
Publisher: Centre for Economic Performance, London School of Economics and Political Science
Published: 2007
Place of publication: London
Language: eng
Format: Electronic resource
Description: A main activity of the state is to redistribute resources. Models of the political process generally predict that a rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using attitudinal data. We show that the demand for redistribution, having shown considerable variation over time, is at an all-time low. We argue that the decline in the demand for redistribution can mostly be accounted for by an increasing belief in the importance of incentives though changes in preferences over the distribution of income have been important in some sub-periods.
Notes: Title from publisher's abstract page (viewed on Jan. 3, 2008).

"August 2007."

Includes bibliographical references.

Also available in print.

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