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Political Economy Commons

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City University of New York (CUNY)

2023

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Full-Text Articles in Political Economy

Heterogeneous Effects In The Prospects Of Upward Mobility Hypothesis: The Roles Of Risk And Political Beliefs., Nathaniel Badalov May 2023

Heterogeneous Effects In The Prospects Of Upward Mobility Hypothesis: The Roles Of Risk And Political Beliefs., Nathaniel Badalov

Theses and Dissertations

I test for heterogenous effects in the Prospects of Upward Mobility (POUM) hypothesis framework. This framework suggests that individuals who are poorer than average but expect to become richer than average support less redistribution. Using a survey of households in primarily transition economies - Life in Transition Survey (LiTS2) and ordered logistic regression, I test whether the POUM effect is influenced by the riskiness of the individual's environment or political beliefs. The results suggest that the POUM effect holds independent of the riskiness of the environment but is conditional on political beliefs. The prospects of upward mobility decrease redistributive support …