Showing 1 - 10 of 2,052
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda … the Swiss population. We document that inequality aversion and altruistic concerns play a quantitatively large positive … inequality averse individuals display strong support for policies that primarily aim at reducing the incomes of the rich …
Persistent link: https://www.econbiz.de/10012806641
differs from the students’ distribution. In the general population, three types emerge: an inequality averse, an altruistic … of an inequality averse type in the student population is particularly striking considering the fact that this type …
Persistent link: https://www.econbiz.de/10014502446
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One … overestimate their position reduce their aversion to inequality after learning their position, while those who underestimate their …
Persistent link: https://www.econbiz.de/10014543737
inequality aversion over current consumption allocations. Inequality aversion lifts the consumption path of the poor region …, while the rich region must take a greater share of the climate burden. Furthermore, with inequality aversion, the optimal …. However, loans to poor countries to reduce inequality may result in a debt crisis, and hence, debt remittance may be part of …
Persistent link: https://www.econbiz.de/10009754514
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 articles in economics, psychology, neuroscience and computer …
Persistent link: https://www.econbiz.de/10013285841
when such conditional fair-ness preferences are measured using the “inequality acceptance” method. Depending on the default …, implemented inequality decreases by over 65% and cross-country differences are not observed. To organize the data, we develop a …
Persistent link: https://www.econbiz.de/10015048991
-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income … experiment shows that respondents do not account for parental influence on economic success when making (re …-)distribution decisions, suggesting that people view parental influence as a legitimate reason to justify some inequality. This can explain …
Persistent link: https://www.econbiz.de/10013411680
An individual’s inequality aversion (IA) is a central preference parameter that captures the welfare sacrifice from … exposure to inequality. However, it is far from trivial how to best elicit IA estimates. Also, little is known about the …
Persistent link: https://www.econbiz.de/10014637432
We investigate in a laboratory experiment if the experience of economic failure or success shapes people's preferences … when the inequality is generated by the tournament (lottery). The effect still holds when controlling for self …
Persistent link: https://www.econbiz.de/10011588059
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011568762