Do unfair perceived own pay and top managers’ pay erode satisfaction with democracy?
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In: Applied Economics Letters, Vol. 24, No. 17, 07.10.2017, p. 1263-1266.
Research output: Journal contributions › Journal articles › Research › peer-review
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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 -