Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/102231 
Year of Publication: 
2014
Series/Report no.: 
CESifo Working Paper No. 4838
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
When based on perceived rather than on objective income distributions, the Meltzer-Richards hypothesis and the POUM hypothesis work quite well empirically: there exists a positive link between perceived inequality or perceived upward mobility and the extent of redistribution in democratic regimes - though such a link does not exist when objective measures of inequality and social mobility are used. These observations highlight that political preferences and choices might depend more on perceptions than on factual data.
Subjects: 
biased perception
majority voting
redistribution
JEL: 
H53
D72
D31
Document Type: 
Working Paper
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