This paper examines the concern for relative standing among rural households in China. We use a survey … equally strong among rural households in China. This should be seen in the light of the rapid change China has undergone, with … high growth, increased inequality, and the highest urban-rural income ratio in the world. Thus, the rural population, which …

Issues of inequality, distribution and redistribution are commanding progressively more attention in the minds of not … inclined towards redistribution irrespective of whether the inequality was owing to productivity or luck. We conducted our …

their peers. The present paper is, to the best of our knowledge, the first systematic analysis of income inequality and risk … taking. We perform a real effort field experiment where inequality is introduced to different wage rates. After the effort … the dominant impact of inequality on risk taking is what can be termed a social house money effect: high-wage individuals …

importance of luck for success, and how this mediates their meritocratic beliefs and acceptance of inequality. We randomly assign …