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  • What explains the differences between objective and subjective income inequality across countries? People in some countries tend to perceive the distribution of income in their country to be more unequal than it actually is. On the other hand, people in other countries believe that income is distributed more evenly than it actually is. To examine what explains these differences, this paper uses the Social Inequality Survey of the International Social Survey Programme (ISSP) and the Standardized World Income Inequality Database (SWIID). The ISSP provides an unparalleled measure of people’s perceptions of income inequality by asking respondents to choose a picture that best fits their beliefs about the distribution of income in their society. Other surveys that ask about perceived income inequality provide less intuitive measures because respondents are required to give their opinion by choosing statements, which tend to be vaguer than a visualized image. For the objective measure of income inequality, we use the SWIID, the most representative income inequality data widely used in inequality research. This paper provides the first attempt to estimate the gap between the actual level of income inequality and people’s perceived income inequality across countries. It then focuses on the link between education and labor market institutions as a factor explaining people’s optimism and pessimism about income inequality. Specifically, this paper argues that a centralized and highly standardized public education system, which allows everyone equal access to labor market competition, ironically makes people more pessimistic about income inequality. This is because such a system intensifies competition by encouraging everyone to participate in the games of education and the labor market. In contrast, a system in which the education system is decentralized and its link to the labor market is loose tends to make people less pessimistic about how economic resources are distributed in their society. This paper offers important implications about a dynamic behind the Great Gatsby Curve, shedding light on the education-labor market nexus that shapes and perpetuates socioeconomic stratification. (xsd:string)
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  • (ISSP) (xsd:string)
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  • ISSP-Bibliography (xsd:string)
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  • 2024 (xsd:gyear)
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  • 2024 (xsd:gyear)
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  • english (xsd:string)
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  • Comparative Analysis of Inequality Perception Gaps: Explaining the Gaps between Objective and Subjective Income Inequality across 40 Countries (xsd:string)
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  • inproceedings (xsd:string)
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  • WAPOR 2024 Annual Conference (xsd:string)
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  • Bibsonomy (xsd:string)
  • In WAPOR 2024 Annual Conference, 2024 (xsd:string)
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  • International Social Survey Programme (ISSP) (xsd:string)
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  • 2024 (xsd:string)
  • FDZ_IUP (xsd:string)
  • ISSP (xsd:string)
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  • ISSP_pro (xsd:string)
  • english (xsd:string)
  • inproceedings (xsd:string)
  • transfer24 (xsd:string)
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