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Reap What They Sow? Education, Income, and Redistribution

Fri, September 1, 3:30 to 4:00pm PDT (3:30 to 4:00pm PDT), LACC, West Hall A

Abstract

If an individual's educational investment in the knowledge economy builds higher expectations for economic return, low-income earners who are highly educated will suffer from relative deprivation with disappointment due to the mismatch between the expectation and experience. On the other hand, high-income earners who are less educated will enjoy relative wealth due to high income even without educational investment. Despite the sizable amount of these mismatched groups (by experienced and education-based expected income), research has been less focused on their redistribution preferences. To fill the gap, I argue that the experienced income conditions the effect of education-based expected income on redistribution preference formation.

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