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

Christian Pfeifer () and Stefan Schneck

Applied Economics Letters, 2017, vol. 24, issue 17, 1263-1266

Abstract: 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.

Date: 2017
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DOI: 10.1080/13504851.2016.1270409

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