Arbeitspapier

Biased Perceptions of Income Distribution and Preferences for Redistribution: Evidence from a Survey Experiment

Individual perceptions of income distribution play a vital role in political economy and public finance models, yet there is little evidence regarding their origins or accuracy. This study examines how individuals form these perceptions and explores their potential impact on preferences for redistribution. A tailored household survey provides original evidence on systematic biases in individuals’ evaluations of their own relative position in the income distribution. The study discusses one of the mechanisms that may generate such biases, based on the extrapolation of information from endogenous reference groups, and presents some suggestive evidence that this mechanism has significant explanatory power. The impact of these biased perceptions on attitudes toward redistributive policies is studied by means of an experimental design that was incorporated into the survey, which provided consistent information on the own-ranking within the income distribution to a randomly selected group of respondents. The evidence suggests that those who had overestimated their relative position and thought that they were relatively richer than they were tend to demand higher levels of redistribution when informed of their true ranking.

Sprache
Englisch

Erschienen in
Series: Documento de Trabajo ; No. 138

Klassifikation
Wirtschaft
Personal Income, Wealth, and Their Distributions
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
National Government Expenditures and Welfare Programs
Welfare, Well-Being, and Poverty: General
Thema
Einkommensverteilung
Wahrnehmung
Systematischer Fehler
Umverteilung
Präferenztheorie
Neue politische Ökonomie
Feldforschung
Buenos Aires
Argentinien

Ereignis
Geistige Schöpfung
(wer)
Cruces, Guillermo
Truglia, Ricardo Pérez
Tetaz, Martín
Ereignis
Veröffentlichung
(wer)
Universidad Nacional de La Plata, Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)
(wo)
La Plata
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cruces, Guillermo
  • Truglia, Ricardo Pérez
  • Tetaz, Martín
  • Universidad Nacional de La Plata, Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)

Entstanden

  • 2012

Ähnliche Objekte (12)