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Hopeless Future and the Desire for Welfare Expansion

其他書名	Testing the Prospect of Upward Mobility Hypothesis in South Korea
出版	SSRN, 2016
URL	http://books.google.com.hk/books?id=7LT-zgEACAAJ&hl=&source=gbs_api

註釋Since 2011, the demand for welfare programs has significantly increased in South Korea. Yet, the motivation behind the surge is under-explored. I argue that it is driven by changes in the income prospect due to increasing income inequality and deteriorating social mobility since the 1990s. I test the prospect of an upward mobility hypothesis using the 2009 Korean General Social Survey. I find that people with a pessimistic prospect of income and a negative perception of equal opportunity demand more redistribution. Commonly known factors such as current income and political ideology have no effect in Korea. Consistent with the prospect of upward mobility hypothesis, the motivation behind the demand for a welfare expansion and the emergence of welfare politics is a pessimistic income prospect in the lives of Koreans.