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We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … overestimate their position reduce their aversion to inequality after learning their position, while those who underestimate their …
Persistent link: https://www.econbiz.de/10014543737
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality … surprisingly, on what the actual levels of income inequality are, and there are common misperceptions about their trends. In policy …
Persistent link: https://www.econbiz.de/10014338520
inequality through a real-world policy, rather than experimental treatments, may trigger only marginal changes in support for …
Persistent link: https://www.econbiz.de/10014229860
support. -- distribution ; income inequality ; targeting unemployment-related benefits ; income transfers …
Persistent link: https://www.econbiz.de/10003719279
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …
Persistent link: https://www.econbiz.de/10013112981
income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich …-to-poor transfer can induce a response in the individuals' behaviors which actually exacerbates, rather than reduces, income inequality … space of admissible utility functions. In addition, we show that a rich-to-poor transfer can exacerbate inequality when we …
Persistent link: https://www.econbiz.de/10012945812
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …
Persistent link: https://www.econbiz.de/10013006909
social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or …
Persistent link: https://www.econbiz.de/10011569042
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011723898
social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or …
Persistent link: https://www.econbiz.de/10011594247