Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - In: Journal of Economic Behavior & Organization 91 (2013) C, pp. 75-92
We argue that perceived fairness of the income generation process affects the association between income inequality and … high or, respectively, low level of actual fairness. Using a simple model of individual labor market participation under … uncertainty, we predict that high levels of perceived fairness cause higher levels of individual welfare, and lower support for …