Your Place in the World: Relative Income and Global Inequality / Dietmar Fehr, Johanna Mollerstrom, Ricardo Perez-Truglia.

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Fehr, Dietmar

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Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w26555.Publication details: Cambridge, Mass. National Bureau of Economic Research 2019.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: Although there is abundant evidence on individual preferences for policies that reduce national inequality, there is very little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of Germans. We measure how individuals form perceptions of their ranks in the national and global income distributions, and how those perceptions relate to their national and global policy preferences. We find that Germans systematically underestimate their true place in the world's income distribution, but that correcting those misperceptions does not affect their support for policies related to global inequality.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w26555 (Browse shelf(Opens below))	Not For Loan

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December 2019.

Although there is abundant evidence on individual preferences for policies that reduce national inequality, there is very little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of Germans. We measure how individuals form perceptions of their ranks in the national and global income distributions, and how those perceptions relate to their national and global policy preferences. We find that Germans systematically underestimate their true place in the world's income distribution, but that correcting those misperceptions does not affect their support for policies related to global inequality.