Your place in the world relative income and global inequality

There is abundant evidence on individual preferences for policies that reduce national inequality, but only little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of Germans...

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Bibliographic Details
Main Authors: Fehr, Dietmar (Author) , Mollerstrom, Johanna (Author) , Perez-Truglia, Ricardo (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Munich, Germany CESifo, Center for Economic Studies & Ifo Institute April 2021
Series:CESifo working paper no. 9020 (2021)
In: CESifo working papers (no. 9020 (2021))

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Online Access:Verlag, kostenfrei: https://www.cesifo.org/DocDL/cesifo1_wp9020.pdf
Verlag, kostenfrei: https://www.cesifo.org/en/publikationen/2021/working-paper/your-place-world-relative-income-and-global-inequality
Resolving-System, kostenfrei: http://hdl.handle.net/10419/235390
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Author Notes:Dietmar Fehr, Johanna Mollerstrom, Ricardo Perez-Truglia
Description
Summary:There is abundant evidence on individual preferences for policies that reduce national inequality, but only little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of Germans. We measure how individuals form perceptions of their ranks in the national and global income distributions, and how those perceptions relate to their national and global policy preferences. We find that Germans systematically underestimate their true place in the world’s income distribution, but that correcting those misperceptions does not affect their support for policies related to global inequality.
Physical Description:Online Resource