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Your Place in the World: Relative Income and Global Inequality

Dietmar Fehr, Johanna Mollerstrom and Ricardo Perez-Truglia

No 26555, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: C83 C91 D63 D83 D91 H23 (search for similar items in EconPapers)
Date: 2019-12
New Economics Papers: this item is included in nep-int and nep-pol
Note: ITI LE PE POL
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Published as Dietmar Fehr & Johanna Mollerstrom & Ricardo Perez-Truglia, 2022. "Your Place in the World: Relative Income and Global Inequality," American Economic Journal: Economic Policy, vol 14(4), pages 232-268.

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