Evaluating real world income distributions behind the veil of ignorance: How risk averse do you have to be to prefer Europe over the US?

The paper uses a veil of ignorance approach and income distribution data of developed countries to arrive at inequality corrected income rankings. While a risk neutral individual (based on year 2000 data) would have preferred to be born into the US rather than any European country in our sample exce...

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Bibliographic details
Volume: 572
Main Author: Weichenrieder, Alfons J
Zafar, Tasneem
Format: Paper
Language: English
Place of publication: Luxembourg Luxembourg Income Study (LIS) 2011
published in: LIS Working Paper Series Vol. 572
Data of publication: 2011
Subjects:
USA
Online Access: Fulltext
Database: EconStor
Database information Databases - DBIS