Chapter

Economic Explanations

Alberto Alesina and Edward Glaeser

in Fighting Poverty in the US and Europe

Published in print March 2004 | ISBN: 9780199267668
Published online April 2005 | e-ISBN: 9780191602153 | DOI: http://dx.doi.org/10.1093/0199267669.003.0003
Economic Explanations

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This chapter looks at the “economic” explanations for the difference in the distributive policies of the United States and Europe. It argues that purely “economic” explanations fail to provide useful insights on redistribution. It is shown that higher social mobility in the United States is a substitute for redistributive policies.

Keywords: United States; Europe; redistributive policies; income redistribution; economics; social mobility

Chapter.  7737 words.  Illustrated.

Subjects: Public Economics

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