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Income and wealth shocks and expectations during the COVID-19 pandemic

Hanspal, Tobin; Weber, Annika; Wohlfart, Johannes - 2020

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household … upward adjustments in expectations about household debt, desired working hours, and retirement age. Finally, respondents …

Persistent link: https://www.econbiz.de/10012206687

Lucky But Confident — How Confidence Can Polarize Meritocratic Beliefs and Preferences for Redistribution

Hansson, Kajsa; Sund, Oda - 2023

How does the experience of success in combination with confidence affect meritocratic beliefs and preferences for redistribution? In a large-scale experiment, we manipulate both the level of confidence in own performance and the outcome of a competition to provide causal evidence. First, we...

Persistent link: https://www.econbiz.de/10014343930

Coupled lotteries : a new method to analyze inequality aversion

Koch, Melanie; Menkhoff, Lukas; Schmidt, Ulrich - 2019

We develop and implement a new measure for inequality aversion: two peers are endowed with identical binary lotteries and the only choice they make is whether they want to play out the lotteries independently or with perfect positive correlation (coupling). Coupling has no other e ect than...

Persistent link: https://www.econbiz.de/10012108631

Measuring Inequality Attitudes by Defective Leaky Buckets: A Comment

Seidl, Christian - 2003

Amiel et al. (1999) use the Atkinson and the Gini social welfare functions to measure income inequality attitudes based on data from leaky-bucket experiments. Yet the experimental de-sign does not allow their subjects to perceive income inequality according to the Gini or the Atkinson inequality...

Persistent link: https://www.econbiz.de/10010296225

Dissecting inequality-averse preferences

Bergolo, Marcelo; Burdín, Gabriel; Burone, Santiago; … - 2021

Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...

Persistent link: https://www.econbiz.de/10012697782

Fairness in times of crisis : negative shocks, relative income and preferences for redistribution

Hochleitner, Anna - 2022

While economic crises tend to raise questions about a fair distribution of resources, less is known about whether and how fairness views themselves are affected by negative shocks. To answer this question, I conduct two experimental studies investigating the causal link between income shocks and...

Persistent link: https://www.econbiz.de/10013169002

Shallow meritocracy: an experiment on fairness views

Andre, Peter - 2021

Meritocracies aspire to reward effort and hard work but promise not to judge individuals by the circumstances they were born into. The choice to work hard is, however, often shaped by circumstances. This study investigates whether people's merit judgments are sensitive to this endogeneity of...

Persistent link: https://www.econbiz.de/10012614805

The fairness of inequality due to risk and effort choices

Sterba, Maj-Britt - 2022

Three determining factors for economic inequality are self-chosen effort, self-chosen risk, and external circumstances. The fairness people assign to inequalities due to effort and external circumstances is widely studied. Insights on the fairness of inequalities due to self-chosen effort and...

Persistent link: https://www.econbiz.de/10013252893

Tax morale and fairness in conflict : an experiment

Engel, Christoph; Mittone, Luigi; Morreale, Azzurra - 2019

Arguably, for many citizens the perceived expected disutility from sanctions is smaller than the monetary gain from tax evasion. Nevertheless most people pay their taxes most of the time. In a lab experiment, we show that the willingness to pay taxes even absent enforcement is indeed pronounced....

Persistent link: https://www.econbiz.de/10011977884

Shallow meritocracy

Andre, Peter - 2023

Meritocracies aspire to reward hard work and promise not to judge individuals by the circumstances into which they were born. However, circumstances often shape the choice to work hard. I show that people's merit judgments are "shallow" and insensitive to this effect. They hold others...

Persistent link: https://www.econbiz.de/10014390238

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