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This paper focuses on an important aspect of economic inequality – the question of how people perceive inequality and whether these perceptions deviate in any meaningful way from statistical measures of inequality. Using a novel approach I investigate whether individuals across different countries are able to correctly estimate the shape of income distribution of the country where they reside. I find that perceptions of inequality are frequently shaped by reference groups such as those formed according to educational attainment, age, and gender.
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http://www.ecineq.org/milano/WP/ECINEQ2017-449.pdf. (ISSP)
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Misperceptions and mismeasurements: An analysis of subjective economic inequality
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(449), 2017
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2017
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