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Pré-publication, Document de travail Année : 2023

Capital vs. Labour: the Effect of Income Sources on Attitudes Toward the Top 1 Percent

Résumé

We examine the impact of providing information on the income of the top 1% earners on attitudes towards this group. We focus on the income at the top derived from capital and labour, an aspect scarcely studied in previous literature. We carried out a randomized online survey with 2000 French respondents. Our findings reveal that: (i) at the baseline, respondents tend to overestimate the income of the top 1%, have no clear priors on their capital vs. labor shares, and want them to pay a higher income tax rate than the current one; (ii) providing quantitative information about the income sources at the top consistently shifts attitudes toward the rich to the unfavorable spectrum. This shift does not result from experimenter demand effects; (iii) individuals most responsive to our treatments vote for left-wing candidates and have egalitarian notions of justice.
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Dates et versions

halshs-04423695, version 1 (29-01-2024)

Identifiants

  • HAL Id : halshs-04423695 , version 1

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Oscar Barrera-Rodriguez, Emmanuel Chávez. Capital vs. Labour: the Effect of Income Sources on Attitudes Toward the Top 1 Percent. 2023. ⟨halshs-04423695⟩
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Dernière date de mise à jour le 26/06/2024
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