船木部会より、ワークショップをご案内いたします。
皆様のご参加をお待ち申し上げます。
事前申し込みは不要です。直接開催場所までお越しください。
We are pleased to announce a workshop.
We look forward to your participation.
No advance registration is required.
Please come directly to the Place.
開催日[Date]: 18th April
時間[Time]: 17:40-18:40
講演者[Speaker]: João Ferreira (University of Southampton and GETA)
場所[Room]: 3-809, Waseda Campaus, Waseda University
タイトル[Title]: Should CEOs’ salaries be capped? A survey experiment on preferences for limiting income and wealth
概要[Abstract]: This paper investigates preferences for limiting top incomes and wealth through a survey-based experiment. Employing a revealed preferences approach, we classify participants into three types: strong limitarians (who advocate limits regardless of inequality levels), weak limitarians (motivated by inequality aversion), and non-limitarians. We find that a significant majority of US participants support such limits, with up to 28% of them classified as strong limitarians. In terms of underlying motivations, strong limitarians are less concerned about the negative impacts of limits on economic efficiency and are more concerned about inequality, as well as the impact of wealth concentration on corruption and the environment. Our findings have important implications for economic theories of social preferences and can inform policy discussions on CEO compensation and wealth taxation.