1. Automation anxiety, fairness perceptions, and redistribution: Past experiences condition the response to future job loss.
- Author
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Jeffrey, Karen and Matakos, Konstantinos
- Subjects
- *
LAYOFFS , *CONDITIONED response , *FAIRNESS , *LABOR market , *ANXIETY , *INCOME redistribution , *ANXIETY treatment - Abstract
Do beliefs about fairness interact with past experiences of labor market shocks to condition redistributive preferences? In a large-scale survey experiment, we investigate the effect of informing individuals that growth in automation could disrupt labor markets in ways that are (possibly) viewed as unfair. We then exploit the COVID-19-induced labor market shock to test for an interaction between treatments and shock exposure. We find that beliefs interact with shock exposure to increase redistributive preferences and commitments to donate potential prize winnings. Our findings suggest this may be motivated by respondents' concerns about their vulnerability to future labor market shocks. • Fairness and inequality concerns increase demand for redistribution. • Lived experience of job loss amplifies informational treatment effects. • Information about luck resonates with experiences of labor shocks. • Personal shock history informs future economic anxiety. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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