| Autor: |
Carroll, Daniel R., Luduvice, André Victor D., Young, Eric R. |
| Předmět: |
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| Zdroj: |
Working Paper Series (Federal Reserve Bank of Cleveland); 11/25/2024, Issue 24-27, p1-21, 22p |
| Abstrakt: |
The policy predictions of standard heterogeneous agent macroeconomic models are often at odds with observed policies. We use the 2021 General Social Survey to investigate the drivers of individuals’ preferences over taxes and redistribution. We find that these preferences are more strongly associated with political identity than with economic status. We discuss the implications for quantitative macroeconomic models with endogenous policy determination. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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