Social identity and perceived income adequacy
Goel, Deepti and Deshpande, Ashwini (2020) Social identity and perceived income adequacy. Review of Development Economics, 24 (2). pp. 1-23.
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Abstract
Economists are increasingly interested in subjective well‐being, but the economic literature on perceptions of income adequacy, which is one of the factors that shape subjective well‐being, is little. Our paper fills this lacuna. We utilize nationally representative data on perceptions of amounts considered as remunerative earnings from self‐employment in India and examine how these are earnings shaped by social identity, namely, caste. We also investigate if institutional change such as the introduction of an employment guarantee scheme alters these perceptions. Finally, we examine the relationship between caste identity and actual earnings. We find that caste identity does shape both perceptions of income adequacy and actual earnings: lower‐ranked groups perceive lower amounts as being remunerative and also earn lower amounts. Further, the employment guarantee scheme alters self‐perceptions differentially for different caste groups, but in more nuanced ways than our ex‐ante beliefs.
| Item Type: | Article |
|---|---|
| Authors: | Goel, Deepti and Deshpande, Ashwini |
| Uncontrolled Keywords: | Caste, discrimination, income adequacy, India, perceptions |
| Subjects: | Social sciences > Economics |
| Divisions: | Azim Premji University > School of Arts and Sciences |
| Full Text Status: | Restricted |
| URI: | http://publications.azimpremjiuniversity.edu.in/id/eprint/2159 |
| Publisher URL: | https://doi.org/10.1111/rode.12646 |
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