Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70096
Authors: 
Schneck, Stefan
Year of Publication: 
2013
Abstract: 
This paper descriptively analyzes the nexus between income comparisons and perceptions of unfair pay. A German household survey reveals that individuals who perceive their wages as unfair earn significantly lower wages than fairly paid individuals with similar characteristics. This suggests that unfairness perceptions with respect to wages are based on sound income comparisons with peers. When asked about a subjectively fair amount in Euros, individuals tend to claim much higher wages than fairly paid individuals with identical characteristics.
Subjects: 
Fairness
Wages
JEL: 
J30
J31
more recent Version: 
Document Type: 
Preprint

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