Your place in the world: relative income and global inequality

Although there is abundant evidence on individual preferences for policies that reduce national inequality, there is very little evidence on preferences for policies addressing global inequality. To investigate the latter, we conducted a two-year, face-to-face survey experiment on a representative s...

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Bibliographic Details
Main Authors: Fehr, Dietmar (Author) , Mollerstrom, Johanna (Author) , Perez-Truglia, Ricardo (Author)
Format: Article (Journal)
Language:English
Published: 2022
In: American economic journal. Economic policy
Year: 2022, Volume: 14, Issue: 4, Pages: 232-268
ISSN:1945-774X
DOI:10.1257/pol.20200343
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Online Access:Resolving-System, lizenzpflichtig, Volltext: https://doi.org/10.1257/pol.20200343
Verlag, lizenzpflichtig, Volltext: https://www.aeaweb.org/articles?id=10.1257/pol.20200343
Verlag, Appendix, lizenzpflichtig: https://www.aeaweb.org/doi/10.1257/pol.20200343.appx
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Author Notes:by Dietmar Fehr, Johanna Mollerstrom, and Ricardo Perez-Truglia
Description
Summary:Although there is abundant evidence on individual preferences for policies that reduce national inequality, there is very little evidence on preferences for policies addressing global inequality. To investigate the latter, we conducted 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 these 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.
Item Description:Gesehen am 18.01.2023
Physical Description:Online Resource
ISSN:1945-774X
DOI:10.1257/pol.20200343