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A ‘Leaky Bucket’ in the Real World

Estimating Inequality Aversion using Survey Data

Bibliographic Data

ID9725683
AuthorsJukka Pirttilä (0000-0002-5462-8368, Tampere University), ROOPE UUSITALO (0000-0002-6708-0004, VATT Institute for Economic Research)
Year2010
Volume77
Issue305
Pages60-76
Publication date2010-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0335.2008.00729.x
OpenAlexW2091694803
LanguageEN
Citations received14
References cited25

Existing evidence of inequality aversion relies on data from class‐room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real‐economy situations the respondents face. The results reveal that inequality aversion can be measured in a meaningful way using survey data, but the magnitudes of the estimates depend dramatically on how inequality aversion is measured. No matter how measured, the revealed inequality aversion predicts opinions on a wide range of questions related to the welfare state, such as the level of taxation, tax progressivity and the structure of unemployment benefits

Econometrics · Economic inequality · Economics · Expected utility hypothesis · Inequality · Inequity aversion · Macroeconomics · Mathematical economics · Risk aversion (psychology) · Statistics · Survey data collection · Unemployment · Welfare · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Income, Poverty, and Inequality · Mathematics

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Unique citing works14
Citations per year1,17
Citation span2014 - 2025 (12)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 12

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