This paper describes individuals' perceptions and normative valuations of executive compensation using comparable survey data for fifteen OECD member countries. An overwhelming majority of individuals (more than 90%) believes that top executives earn more than they actually deserve. However,...

One reason to be concerned about income inequality is the idea that people not only care about their own absolute income, but also their income relative to various reference groups (e.g. co-workers, friends, neighbors, relatives, etc.). We use Canadian linked employer-employee data to estimate...

Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as an instrument for the relative increase in the worker's...

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....

Earnings differences are a recurring topic of public discussion in Germany. Data from the long-term Socio-Economic Panel (SOEP) study as well as a separate survey of German employees (LINOS) show that earnings inequalities are generally perceived as fair while a substantial share of the...

Focusing in the United States, this paper addresses the following question: can the increase of top managers' salaries be counted as a source of the recent increase in income inequality? The paper shows that, between 1979 and 2015, the average annual wage for the bottom 90 percent of wage...

We examine the drivers of inequality change in Honduras between 1991-2007, trying to understand why inequality increased in Honduras until 2005, while it was falling in most other Latin American countries. Using annual household surveys, we document first rising inequality between 1991-2005,...

The main aim of this study is to identify the factors influencing high rate of faculty mobility, which is a serious problem for the private universities of Bangladesh. The primary objectives of the private universities were to create opportunities for higher education and to prevent the outflow...

The main aim of this study was to: (i) analyze the effects of wage discrimination in gender among blue collar workers in manufacturing organizations, and specific objectives were to (i) identify that gender discrimination plays a vital role in employees’ pay dissatisfaction (ii) analyze...

This paper examines the patterns of black-white wage convergence for full-time males over the last two decades. In contrast to earlier studies of black-white wage convergence that focused on mean wages, we analyze convergence patterns throughout the wage distribution. In particular, we focus on...