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when such conditional fair-ness preferences are measured using the “inequality acceptance” method. Depending on the default …, implemented inequality decreases by over 65% and cross-country differences are not observed. To organize the data, we develop a …
Persistent link: https://www.econbiz.de/10015048991
debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se … fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … empirical applications provide important new insights on the development of unfair inequality both over time (in the US) and …
Persistent link: https://www.econbiz.de/10011864650
We study all theories of justice that disentangle ethical views on intergenerational discounting and intergenerational … inequality. Each “modular” social welfare function is uniquely identified by a time-discounting function—capturing attitudes … toward time—and an aggregator function— capturing attitudes toward inequality. Our axiomatic characterization identifies the …
Persistent link: https://www.econbiz.de/10015186356
-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income … experiment shows that respondents do not account for parental influence on economic success when making (re …-)distribution decisions, suggesting that people view parental influence as a legitimate reason to justify some inequality. This can explain …
Persistent link: https://www.econbiz.de/10013411680
social welfare accounts for intragenerational equity, the larger the intragenerational inequality aversion (IIA), the smaller …
Persistent link: https://www.econbiz.de/10012486434
, and help to explain the gap between lab evidence on support for redistribution and U.S. inequality trends. …
Persistent link: https://www.econbiz.de/10014251993
An individual’s inequality aversion (IA) is a central preference parameter that captures the welfare sacrifice from … exposure to inequality. However, it is far from trivial how to best elicit IA estimates. Also, little is known about the …
Persistent link: https://www.econbiz.de/10014637432
measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity …
Persistent link: https://www.econbiz.de/10013093036
The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair … inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution … inequality. We focus on situations in which the rich have potentially acquired their fortunes by means of cheating. In an …
Persistent link: https://www.econbiz.de/10011674398
subjects having similar preferences over ex ante redistribution when equalizing earnings comes at a cost to efficiency. Overall …
Persistent link: https://www.econbiz.de/10015371965