High Economic Inequality Makes Us Feel Less Wealthy
Given that people evaluate their own income and that of their group by comparing it with that of others, economic inequality (i.e., the gap between the poor and the wealthy) may affect how people perceive their ingroup wealth. Additional analyses of data of six previously conducted studies ('n&...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Ubiquity Press
2019-11-01
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| Series: | International Review of Social Psychology |
| Subjects: | |
| Online Access: | https://www.rips-irsp.com/articles/333 |
| _version_ | 1818987194010828800 |
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| author | Ángel Sánchez-Rodríguez Jolanda Jetten Guillermo Willis Rosa Rodríguez-Bailón |
| author_facet | Ángel Sánchez-Rodríguez Jolanda Jetten Guillermo Willis Rosa Rodríguez-Bailón |
| author_sort | Ángel Sánchez-Rodríguez |
| collection | DOAJ |
| description | Given that people evaluate their own income and that of their group by comparing it with that of others, economic inequality (i.e., the gap between the poor and the wealthy) may affect how people perceive their ingroup wealth. Additional analyses of data of six previously conducted studies ('n' = 747) provided initial evidence that individuals with average levels of affluence felt that their income group was less wealthy when inequality was high than when it was low. The seventh study consisted of a preregistered experiment to independently test our hypothesis ('n' = 222). As predicted, compared to participants in the low inequality condition, those in the high inequality condition perceived their own group as less wealthy. The discussion focuses on the importance of considering self-perceived wealth in research on economic inequality. |
| first_indexed | 2024-12-20T19:02:48Z |
| format | Article |
| id | doaj.art-9d804ad065fa465b90628f1f9cd30471 |
| institution | Directory Open Access Journal |
| issn | 2397-8570 |
| language | English |
| last_indexed | 2024-12-20T19:02:48Z |
| publishDate | 2019-11-01 |
| publisher | Ubiquity Press |
| record_format | Article |
| series | International Review of Social Psychology |
| spelling | doaj.art-9d804ad065fa465b90628f1f9cd304712022-12-21T19:29:21ZengUbiquity PressInternational Review of Social Psychology2397-85702019-11-0132110.5334/irsp.33389High Economic Inequality Makes Us Feel Less WealthyÁngel Sánchez-Rodríguez0Jolanda Jetten1Guillermo Willis2Rosa Rodríguez-Bailón3University of GranadaUniversity of QueenslandUniversity of GranadaUniversity of GranadaGiven that people evaluate their own income and that of their group by comparing it with that of others, economic inequality (i.e., the gap between the poor and the wealthy) may affect how people perceive their ingroup wealth. Additional analyses of data of six previously conducted studies ('n' = 747) provided initial evidence that individuals with average levels of affluence felt that their income group was less wealthy when inequality was high than when it was low. The seventh study consisted of a preregistered experiment to independently test our hypothesis ('n' = 222). As predicted, compared to participants in the low inequality condition, those in the high inequality condition perceived their own group as less wealthy. The discussion focuses on the importance of considering self-perceived wealth in research on economic inequality.https://www.rips-irsp.com/articles/333economic inequalityobjective wealthperceived wealthmiddle-classsocial comparison |
| spellingShingle | Ángel Sánchez-Rodríguez Jolanda Jetten Guillermo Willis Rosa Rodríguez-Bailón High Economic Inequality Makes Us Feel Less Wealthy International Review of Social Psychology economic inequality objective wealth perceived wealth middle-class social comparison |
| title | High Economic Inequality Makes Us Feel Less Wealthy |
| title_full | High Economic Inequality Makes Us Feel Less Wealthy |
| title_fullStr | High Economic Inequality Makes Us Feel Less Wealthy |
| title_full_unstemmed | High Economic Inequality Makes Us Feel Less Wealthy |
| title_short | High Economic Inequality Makes Us Feel Less Wealthy |
| title_sort | high economic inequality makes us feel less wealthy |
| topic | economic inequality objective wealth perceived wealth middle-class social comparison |
| url | https://www.rips-irsp.com/articles/333 |
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