Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility

Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility
Author :
Publisher : OECD Publishing
Total Pages : 165
Release :
ISBN-10 : 9789264872004
ISBN-13 : 9264872000
Rating : 4/5 (04 Downloads)

Synopsis Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility by : OECD

The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people’s perceptions of and concern over inequality.

Does Inequality Matter?

Does Inequality Matter?
Author :
Publisher :
Total Pages : 0
Release :
ISBN-10 : 9264433961
ISBN-13 : 9789264433960
Rating : 4/5 (61 Downloads)

Synopsis Does Inequality Matter? by : Organisation for Economic Co-operation and Development

"The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people's perceptions of and concern over inequality. The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people's perceptions of and concern over inequality. It documents how concern over income disparities has risen in OECD countries over the long run. Nowadays, in most countries a large majority of the population believes that income disparities are too large and that intergenerational mobility is low. Yet, sufficient support for inequality-reducing policies may fail to arise if people do not agree on concrete policy options, or doubt the effectiveness of such policies. Moreover, even when the majority demands more equality, a divided public opinion can complicate the introduction of reforms. The report highlights how people within the same country are often divided as to the extent of inequality and what should be done to address this challenge. The report illustrates how the findings from analysis of perceptions and concerns can serve to inform policy making."--Page 4 of cover.

Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility

Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility
Author :
Publisher :
Total Pages : 164
Release :
ISBN-10 : 9264775951
ISBN-13 : 9789264775954
Rating : 4/5 (51 Downloads)

Synopsis Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility by : OECD

The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people's perceptions of and concern over inequality. It documents how concern over income disparities has risen in OECD countries over the long run. Nowadays, in most countries a large majority of the population believes that income disparities are too large and that intergenerational mobility is low. Yet, sufficient support for inequality-reducing policies may fail to arise if people do not agree on concrete policy options, or doubt the effectiveness of such policies. Moreover, even when the majority demands more equality, a divided public opinion can complicate the introduction of reforms. The report highlights how people within the same country are often divided as to the extent of inequality and what should be done to address this challenge. The report illustrates how the findings from analysis of perceptions and concerns can serve to inform policy making.

Income Inequality

Income Inequality
Author :
Publisher : Org. for Economic Cooperation & Development
Total Pages : 120
Release :
ISBN-10 : 9264246002
ISBN-13 : 9789264246003
Rating : 4/5 (02 Downloads)

Synopsis Income Inequality by : Brian Keeley

Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Learning about Inequality and Demand for Redistribution

Learning about Inequality and Demand for Redistribution
Author :
Publisher :
Total Pages : 45
Release :
ISBN-10 : OCLC:1310548155
ISBN-13 :
Rating : 4/5 (55 Downloads)

Synopsis Learning about Inequality and Demand for Redistribution by : ‪Emanuele Ciani

A growing body of literature studies the effect of providing information about inequality to respondents of surveys on their preferences for redistribution. We provide a meta-analysis combining the results from 84 information treatments coming from 36 studies in Economics, Political Science, Psychology and Sociology. This meta-analysis complements and informs a broader project on perceptions of inequality and preferences for redistribution ( Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility , OECD publishing, Paris, 2021). In the meta-analysis, we focus on in-survey experiments where a randomly selected group of respondents receive either information about the overall extent of inequalities, or about their position in the income distribution. The results show that providing information on inequality has a sizeable impact on people's perceptions and concerns about inequality, but a rather small effect on their demand for redistribution. Inspecting the heterogeneity across treatments and outcomes helps explaining the small average effect on demand for redistribution, but the evidence is not yet conclusive about the potential explanations. We further show that correcting respondents' misperceptions about their own position in the income distribution increases the preferences for redistribution for those who previously overestimated their position and decreases it for those who underestimated, although the effects are, on average, small.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality
Author :
Publisher : International Monetary Fund
Total Pages : 39
Release :
ISBN-10 : 9781513547435
ISBN-13 : 1513547437
Rating : 4/5 (35 Downloads)

Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Communities in Action

Communities in Action
Author :
Publisher : National Academies Press
Total Pages : 583
Release :
ISBN-10 : 9780309452960
ISBN-13 : 0309452961
Rating : 4/5 (60 Downloads)

Synopsis Communities in Action by : National Academies of Sciences, Engineering, and Medicine

In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Why Does Inequality Matter?

Why Does Inequality Matter?
Author :
Publisher : Oxford University Press
Total Pages : 181
Release :
ISBN-10 : 9780198812692
ISBN-13 : 0198812698
Rating : 4/5 (92 Downloads)

Synopsis Why Does Inequality Matter? by : Thomas Scanlon

Inequality is widely regarded as morally objectionable: T. M. Scanlon investigates why it matters to us. He considers the nature and importance of equality of opportunity, whether the pursuit of greater equality involves objectionable interference with individual liberty, and whether the rich can be said to deserve their greater rewards.

Income Inequality

Income Inequality
Author :
Publisher : Stanford University Press
Total Pages : 541
Release :
ISBN-10 : 9780804786751
ISBN-13 : 0804786755
Rating : 4/5 (51 Downloads)

Synopsis Income Inequality by : Janet C. Gornick

This state-of-the-art volume presents comparative, empirical research on a topic that has long preoccupied scholars, politicians, and everyday citizens: economic inequality. While income and wealth inequality across all populations is the primary focus, the contributions to this book pay special attention to the middle class, a segment often not addressed in inequality literature. Written by leading scholars in the field of economic inequality, all 17 chapters draw on microdata from the databases of LIS, an esteemed cross-national data center based in Luxembourg. Using LIS data to structure a comparative approach, the contributors paint a complex portrait of inequality across affluent countries at the beginning of the 21st century. The volume also trail-blazes new research into inequality in countries newly entering the LIS databases, including Japan, Iceland, India, and South Africa.

Beliefs about Inequality

Beliefs about Inequality
Author :
Publisher : Routledge
Total Pages : 344
Release :
ISBN-10 : 9781351328982
ISBN-13 : 1351328980
Rating : 4/5 (82 Downloads)

Synopsis Beliefs about Inequality by : James R. Kluegel

Motivated by the desire to explain how Americans perceive and evaluate inequality and related programs and policies, the authors conducted a national survey of beliefs about social and economic inequality in America. Here they present the results of their research on the structure, determinants, and certain political and personal consequences of these beliefs. The presentations serve two major goals; to describe and explain the central features of Americans' images of inequality. Beliefs About Inequality begins with a focus on people's perceptions of the most basic elements of inequality: the availability of opportunity in society, the causes of economic achievements, and the benefits and costs of equality and inequality. The book's analysis of the public's beliefs on these key issues is based on fundamental theories of social psychology and lays the groundwork for understanding how Americans evaluate inequality-related policies. The authors discuss the ultimate determinants of beliefs and the implications of their findings for social policies related to inequality. They propose that attitudes toward economic inequality and related policy are influenced by three major aspects of the current American social, economic, and political environment: a stable "dominant ideology" about economic inequality; individuals' social and economic status; and specific beliefs and attitudes, often reflecting "social liberalism" shaped by recent political debates and events.