Mobility prospects and preferences for redistribution in Latin America

The present paper aims to provide evidence about the POUM hypothesis (prospects of upward mobility) in Latin America. It postulates that preferences for redistribution decrease with the prospects of upward mobility of individuals, given that in a possible economic improvement they would be harmed by...

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Bibliographic Details
Authors: Lasarga, Evelin, Leiter, Martín
Format: article
Publication Date:2022
Country:Perú
Institution:Pontificia Universidad Católica del Perú
Repository:PUCP-Institucional
Language:English
OAI Identifier:oai:repositorio.pucp.edu.pe:20.500.14657/193395
Online Access:https://revistas.pucp.edu.pe/index.php/economia/article/view/23904/24866
https://doi.org/10.18800/economia.202202.001
Access Level:Open access
Keyword:Preferences
Redistribution
Perspectives
Mobility
https://purl.org/pe-repo/ocde/ford#5.02.01
Description
Summary:The present paper aims to provide evidence about the POUM hypothesis (prospects of upward mobility) in Latin America. It postulates that preferences for redistribution decrease with the prospects of upward mobility of individuals, given that in a possible economic improvement they would be harmed by redistribution. The case of Latin America is analyzed for the period 2009-2018, which has registered changes in inequality and intragenerational mobility in part, due to redistributive policies in the past decade. For this, data from Latinobarómetro and the Probit-Adapted OLS methodology are used. The results support the POUM hypothesis, unlike what the studies carried out for previous periods obtain, in another context of inequality and mobility in Latin America. In addition, suggestive results are obtained about the influence of intergenerational mobility, religiosity, ideology and institutional quality on preferences for redistribution. It should be noted that these results vary according to the country.