Arbeitspapier

The Individual Perception of Wage Inequality: A Measurement Framework and Some Empirical Evidence

This paper presents a simple conceptual framework specifically tailored to measure individual perceptions of wage inequality. Using internationally comparable survey data, the empirical part of the paper documents that there is huge variation in inequality perceptions both across and within countries as well as survey-years. Focusing on the association between aggregate-level inequality measures and individuals' subjective perception of wage inequality, it turns out that there is both a high correlation between the two measures as well as a considerable amount of misperception of the prevailing level of inequality. The final part of the analysis shows that subjective inequality perceptions appear to be more important, in a statistical sense, in explaining variation in individual-level attitudes towards social inequality than objective measures of inequality. This underlines the conceptual and practical importance of distinguishing between subjective perceptions of inequality and the true level of inequality.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 9579

Klassifikation
Wirtschaft
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Wage Level and Structure; Wage Differentials
Thema
inequality perceptions
inequality
attitudes towards social inequality
(mis-)perceptions of socio-economic phenomena

Ereignis
Geistige Schöpfung
(wer)
Kuhn, Andreas
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2015

Handle
Letzte Aktualisierung
20.09.2024, 08:25 MESZ

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

  • Kuhn, Andreas
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2015

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