TY - JOUR

T1 - Do unfair perceived own pay and top managers’ pay erode satisfaction with democracy?

AU - Pfeifer, Christian

AU - Schneck, Stefan

PY - 2017/10/7

Y1 - 2017/10/7

N2 - Many people are relatively unsatisfied with the democratic system as it currently exists. In this empirical research note, the authors present evidence that German workers, who perceive their own pay or top managers’ pay as unfair, are on average significantly less happy with the democracy in Germany. Thus, fairness perceptions in the labour market and of income inequality seem to have spillover effects on the overall satisfaction with the democratic system.

AB - Many people are relatively unsatisfied with the democratic system as it currently exists. In this empirical research note, the authors present evidence that German workers, who perceive their own pay or top managers’ pay as unfair, are on average significantly less happy with the democracy in Germany. Thus, fairness perceptions in the labour market and of income inequality seem to have spillover effects on the overall satisfaction with the democratic system.

KW - Democracy

KW - fairness

KW - inequality

KW - pay

KW - satisfaction

KW - Economics

UR - http://www.scopus.com/inward/record.url?scp=85007087184&partnerID=8YFLogxK

U2 - 10.1080/13504851.2016.1270409

DO - 10.1080/13504851.2016.1270409

M3 - Journal articles

AN - SCOPUS:85007087184

VL - 24

SP - 1263

EP - 1266

JO - Applied Economics Letters

JF - Applied Economics Letters

SN - 1350-4851

IS - 17

ER -