Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115052
Authors: 
Kuhn, Andreas
Year of Publication: 
2010
Series/Report no.: 
NRN Working Paper, NRN: The Austrian Center for Labor Economics and the Analysis of the Welfare State 1013
Abstract: 
This paper describes individuals' perceptions and normative valuations of executive compensation using comparable survey data for fifteen OECD member countries. An overwhelming majority of individuals (more than 90%) believes that top executives earn more than they actually deserve. However, there is also substantial variation in the actual and ethical levels of executive compensation, both within and across countries. The empirical analysis further shows that subjective estimates of executive pay are associated with objective measures of inequality and redistribution, and that individuals' perceptions and normative valuations of executive compensation are associated with their more general political preferences.
Subjects: 
executive compensation
subjective wage estimates
political preferences
JEL: 
D31
D63
J31
Document Type: 
Working Paper

Files in This Item:
File
Size
466.95 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.