My Wage is Unfair! Just a Feeling or Comparison with Peers?

Stefan Schneck

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

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.

Keywords: Fairness; Wages (search for similar items in EconPapers)
JEL-codes: J30 J31 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-hme, nep-hrm, nep-lab, nep-lma and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://www.econstor.eu/bitstream/10419/70096/1/DP_Schneck_2013.pdf (application/pdf)

Related works:
Journal Article: My Wage is Unfair! Just a Feeling or Comparison with Peers? (2014)
Journal Article: My Wage is Unfair! Just a Feeling or Comparison with Peers? (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:70096

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