Using new data from a three-wave panel survey administered in Germany between May 2020 and May 2021, this paper studies the impact of a negative shock affecting all strata of the population, such as the development of COVID-19, on preferences for redistribution. Exploiting the plausibly exogenous change in the severity of the infection rate at the county level, we show that, contrary to some theoretical expectations, the worse the crisis, the less our respondents expressed support for redistribution. We provide further evidence that this is not driven by a decrease in inequality aversion but might be driven by the individuals’ level of trust.

Bellani, L., Fazio, A., Scervini, F. (2023). Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany. THE JOURNAL OF ECONOMIC INEQUALITY.

Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany

FAZIO A;
2023-01-01

Abstract

Using new data from a three-wave panel survey administered in Germany between May 2020 and May 2021, this paper studies the impact of a negative shock affecting all strata of the population, such as the development of COVID-19, on preferences for redistribution. Exploiting the plausibly exogenous change in the severity of the infection rate at the county level, we show that, contrary to some theoretical expectations, the worse the crisis, the less our respondents expressed support for redistribution. We provide further evidence that this is not driven by a decrease in inequality aversion but might be driven by the individuals’ level of trust.
2023
Pubblicato
Rilevanza internazionale
Articolo
Esperti anonimi
Settore SECS-P/01
Settore SECS-P/02
Settore SECS-P/03
English
Preference for redistribution
Inequality aversion
COVID-19
Bellani, L., Fazio, A., Scervini, F. (2023). Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany. THE JOURNAL OF ECONOMIC INEQUALITY.
Bellani, L; Fazio, A; Scervini, F
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2108/341143
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