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This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10011601022
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10010464368
macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric …; afterwards, these connections are used to produce a nexus between German income inequality and the stated macroeconomic variables … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the …
Persistent link: https://www.econbiz.de/10010290732
of German data which causes significant increases of income inequality compared with income-independent, constant … equivalence scales. (2) Concerning different demarcations of income areas the pattern of income inequality in Germany 1995-2009 is … not distinctively changed in the several variants considered. (3) For three alternative inequality indicators out of the …
Persistent link: https://www.econbiz.de/10009366279
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009277158
Based on data from the German Socio-Economic Panel (SOEP), both income inequality and poverty are considered for … the crisis - in 2009 - inequality dropped, and it increased afterwards. Poverty was not affected very much by economic …
Persistent link: https://www.econbiz.de/10011128947
macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the … correlated with income inequality, and regarding economic growth a (slightly) concave effect upon income inequality has been …
Persistent link: https://www.econbiz.de/10011128974
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011098748
income inequality on the other hand. For this purpose, several estimation equations are derived by econometric methods (on …, these connections are used to produce a nexus between German income inequality and the stated macroeconomic variables … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the …
Persistent link: https://www.econbiz.de/10011163077
Based on data from the German Socio-Economic Panel (SOEP), both income inequality and poverty are considered for … the crisis – in 2009 – inequality dropped, and it increased afterwards. Poverty was not affected very much by economic …
Persistent link: https://www.econbiz.de/10011163083