Regulation and Income Mobility
Vincent Geloso & Pradyot Sharma
Abstract
Much of the discussion on income mobility is focused on mitigating inequality through taxation and redistribution without considering the institutional and regulatory landscape that contributes to a decrease in income mobility. We present evidence on the role of economic freedom and deregulation in increasing income mobility and argue that policies promoting the two offer a more potent solution towards improving the economic status of the poor. Economic freedom can mitigate the impact of technological shocks on individuals in the lower end of the income distribution, an issue that has significant policy implications in light of the changing technological landscape.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.