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Rainer, Helmut; Siedler, Thomas (2008): Subjective income and employment expectations and preferences for redistribution. In: Economics Letters, Vol. 99, No. 3: pp. 449-453
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Using probabilistic expectations data from the German Socio-Economic Panel, we establish a link between self-reported expectations of occupational mobility and preferences for redistribution. Our results provide new evidence on the validity of the \"prospect of upward mobility\" hypothesis.