Showing 51 - 60 of 72,241
This paper presents a simple conceptual framework intended for describing individuals' subjective evaluations of occupational wage inequality and their demand for redistribution. Most importantly, the framework explicitly allows for the distinction between individuals' perceptions and their...
Persistent link: https://www.econbiz.de/10014203829
How do movements in the distribution of income and wealth affect the macroeconomy? We analyze this question using a calibrated version of the stochastic growth model with partially uninsurable idiosyncratic risk and movements in aggregate productivity. Our main finding is that, in the stationary...
Persistent link: https://www.econbiz.de/10014213530
Using new data from a three-wave panel survey administered in Germany between May 2020 and May 2021, this paper studies the impact of a negative shock affecting every strata of the population, such as the development of COVID-19, on preferences for redistribution. Exploiting the plausibly...
Persistent link: https://www.econbiz.de/10014083947
This paper develops a Ricardian model of trade in which goods are indexed according to priority and higher-indexed goods are consumed only by richer households. South (North) has a comparative advantage in lower- (higher-) indexed goods and, hence, specializes in goods with lower (higher) income...
Persistent link: https://www.econbiz.de/10014142903
We examine whether individuals' experienced levels of income inequality affect their preferences for redistribution. We use several large nationally representative datasets to show that people who have experienced higher inequality during their lives are less in favor of redistribution, after...
Persistent link: https://www.econbiz.de/10012964374
This paper studies the impact of inequity aversion preferences (Fehr and Schmidt, 1999) in a "repeated" public goods game. We assume that agents care about the expected payoff differences among themselves over all periods of a game, so that it is in fact a dynamic game that is being played. In...
Persistent link: https://www.econbiz.de/10013020103
In an online experiment, we exploit the existing disparities in socio-economic status within an Italian city, to study how these differences correlate with preferences in strategic and non-strategic situations. Our findings indicate that participants living in an area characterized by a high...
Persistent link: https://www.econbiz.de/10012911201
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10012912242
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of ignorance. We pair portfolio and wealth distribution choice problems which have a common budget set. For a given bundle, the distribution over an individual's wealth is the same...
Persistent link: https://www.econbiz.de/10012907876
To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...
Persistent link: https://www.econbiz.de/10012908788