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

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 ch...

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Detalles Bibliográficos
Autores principales: Luna, Bellani, Andrea, Fazio, Francesco, Scervini
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10024028/
https://www.ncbi.nlm.nih.gov/pubmed/37360570
http://dx.doi.org/10.1007/s10888-022-09558-2
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author Luna, Bellani
Andrea, Fazio
Francesco, Scervini
author_facet Luna, Bellani
Andrea, Fazio
Francesco, Scervini
author_sort Luna, Bellani
collection PubMed
description 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.
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spelling pubmed-100240282023-03-21 Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany Luna, Bellani Andrea, Fazio Francesco, Scervini J Econ Inequal Article 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. Springer US 2023-03-18 /pmc/articles/PMC10024028/ /pubmed/37360570 http://dx.doi.org/10.1007/s10888-022-09558-2 Text en © The Author(s) 2023 https://creativecommons.org/licenses/by/4.0/ Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Article
Luna, Bellani
Andrea, Fazio
Francesco, Scervini
Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany
title Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany
title_full Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany
title_fullStr Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany
title_full_unstemmed Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany
title_short Collective negative shocks and preferences for redistribution: Evidence from the COVID-19 crisis in Germany
title_sort collective negative shocks and preferences for redistribution: evidence from the covid-19 crisis in germany
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10024028/
https://www.ncbi.nlm.nih.gov/pubmed/37360570
http://dx.doi.org/10.1007/s10888-022-09558-2
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