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Patience moderates the class cleavage in demand for redistribution.
1Department of Political Science, Duke University, Durham, NC, United States.
Social Science Research
|February 20, 2018
Summary
Patience influences views on wealth redistribution. Impatient individuals show stronger class-based preferences, while patient individuals exhibit less division, regardless of economic status.
Area of Science:
- Social Sciences
- Economics
- Political Science
Background:
- Class voting studies show mixed results on income's link to redistribution demand.
- Existing research doesn't fully explain why some poor oppose redistribution or rich support it.
Purpose of the Study:
- To investigate how individual patience moderates the relationship between socioeconomic class and preferences for wealth redistribution.
- To reconcile conflicting findings in previous class voting research.
Main Methods:
- Analysis of the 2014 Cooperative Congressional Election Study (CCES) dataset.
- Analysis of a representative Taiwanese dataset from 2016.
- Utilizing survey data to assess redistributive preferences and individual patience levels.
Main Results:
- A distinct class division in redistribution demand was observed among impatient individuals.
- This class cleavage significantly diminished among patient individuals in both datasets.
- Patience acts as a key factor, altering how class impacts redistributive preferences.
Conclusions:
- Individual patience levels are a critical determinant of redistributive preferences, moderating the effect of socioeconomic class.
- Findings suggest that time horizons influence perceptions of economic mobility and risk, impacting support for redistribution.
- This research offers a nuanced understanding of class voting by incorporating individual-level psychological factors.
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