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How Does Exposure to COVID-19 Influence Health and Income Inequality Aversion?
Asaria, Miqdad; Costa-Font, Joan; Cowell, Frank - 2021
We study the determinants of individual aversion to health and income inequality in three European countries and the … effects of exposure to COVID-19 including the effect employment, income and health shocks using representative samples of the … population in each country. Comparing levels of health- and income-inequality aversion in the UK between the years 2016 and 2020 …
Persistent link: https://www.econbiz.de/10013215672
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Misperceiving Economic Success : Experimental Evidence on Meritocratic Beliefs and Inequality Acceptance
Fehr, Dietmar; Vollmann, Martin - 2022
Meritocratic beliefs are often invoked as justification of inequality. We provide evidence on how meritocratic beliefs are shaped by economic status and how they contribute to the moral justification of inequality. In a large-scale survey experiment in the US, we show that success causes a...
Persistent link: https://www.econbiz.de/10014244022
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Redistribution of Return Inequality
Schulz, Karl - 2021
Wealthier households obtain higher returns on their investments than poorer ones. How should the tax system account for this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth. The leading example is a financial market, where the...
Persistent link: https://www.econbiz.de/10013233147
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Meta-Analysis of Inequality Aversion Estimates
Nunnari, Salvatore; Pozzi, Massimiliano - 2022
We conduct an interdisciplinary meta-analysis to aggregate the knowledge from empirical estimates of inequality aversion reported from 1999 to 2022. In particular, we examine 85 estimates of disadvantageous inequality aversion (or envy) and advantageous inequality aversion (or guilt) from 26...
Persistent link: https://www.econbiz.de/10014080048
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Inequality of Opportunity and Income Redistribution
Preuss, Marcel; Somerville, Jason; Reyes, Germán; Wu, Joy - 2023
We examine how people redistribute income when there is uncertainty about the role luck plays in determining opportunities and outcomes. We elicit redistribution decisions from a U.S.-representative sample who observe worker outcomes and whether luck magnified workers’ effort (“lucky...
Persistent link: https://www.econbiz.de/10014357631
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The Social Cost of Carbon and Inequality : When Local Redistribution Shapes Global Carbon Prices
Kornek, Ulrike - 2019
The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...
Persistent link: https://www.econbiz.de/10012870643
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Your Place in the World - Relative Income and Global Inequality
Fehr, Dietmar; Mollerstrom, Johanna; Perez-Truglia, Ricardo - 2021
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...
Persistent link: https://www.econbiz.de/10013231987
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Don't Stop Believin’ – Heterogeneous Updating of Intergenerational Mobility Perceptions Across Income Groups
Schwarz, Anna; Warum, Philipp - 2023
This article presents a novel explanation why demand for redistribution on average does not respond to information on low intergenerational mobility. Building on insights from behavioral economics, we expect that incentives to update perceptions of intergenerational mobility change along the...
Persistent link: https://www.econbiz.de/10014345626
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Measuring Health Inequality with Categorical Data: Some Regional Patterns
Costa-i-Font, Joan; Cowell, Frank - 2013
methods for making health inequality comparisons. Findings suggest significant differences in health inequality measurement … wealth. However, health status is generally measured as a categorical variable expressing a qualitative order. Traditional … independent. We argue that the way status is conceptualized has important theoretical implications for measurement as well as for …
Persistent link: https://www.econbiz.de/10010328772
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The Measurement of Health Inequalities: Does Status Matter?
Costa-i-Font, Joan; Cowell, Frank - 2016
The measurement of health inequalities usually involves either estimating the concentration of health outcomes using an … income-based measure of status or applying conventional inequality-measurement tools to a health variable that is non … distribution of health outcomes: this enables us to deal consistently with categorical data. We examine several status concepts to …
Persistent link: https://www.econbiz.de/10011555559