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Vnímání příjmových nerovností a preference ohledně rozdělení příjmů v České republice
[Perceptions of Income Inequality and Preferences Regarding Income Distribution in the Czech Republic]

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  • Ivan Petrúšek

Abstract

A representative survey of adult population is used to analyse perceptions of existing income inequality and preferences for ideal income distribution in the Czech Republic. On average, Czechs view the distribution of disposable income as more unequal than it actually is. This biased perception results from underestimating total income shares belonging to bottom quintiles and overestimating the total income share belonging to the top income quintile. Whereas the majority of Czechs prefer some level of income stratification, there are about four tenths of people who would prefer to live in a completely equal society. These are primarily older, less educated and lower income people whose preferences formulated under uncertainty are mostly consistent with the maximin principle and inequality aversion. Almost a fifth of Czechs would prefer an income distribution consistent with efficiency concerns.

Suggested Citation

  • Ivan Petrúšek, 2018. "Vnímání příjmových nerovností a preference ohledně rozdělení příjmů v České republice [Perceptions of Income Inequality and Preferences Regarding Income Distribution in the Czech Republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2018(5), pages 550-568.
    • Handle: RePEc:prg:jnlpol:v:2018:y:2018:i:5:id:1209:p:550-568
    DOI: 10.18267/j.polek.1209
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    References listed on IDEAS

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    1. Atkinson, Anthony B., 2015. "Inequality: what can be done?," LSE Research Online Documents on Economics 101810, London School of Economics and Political Science, LSE Library.
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    More about this item

    Keywords

    income distribution; perceptions; equality preferences; Czech Republic;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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