How much more the rich should earn than
the poor? A survey of opinion and facts
Using survey data from 40 countries (N = 55,238),
we compare respondents estimates of the wages of people
in different occupationschief executive officers, cabinet
ministers, and unskilled workersto their ideals for what
those wages should be. We show that ideal pay gaps between skilled
and unskilled workers are significantly smaller than estimated
pay gaps and that there is consensus across countries, socioeconomic
status, and political beliefs. Moreover, data from 16 countries
reveals that people dramatically underestimate actual pay inequality.
In the United Stateswhere underestimation was particularly
pronouncedthe actual pay ratio of CEOs to unskilled workers
(354:1) far exceeded the estimated ratio (30:1), which in turn
far exceeded the ideal ratio (7:1).
In sum, respondents underestimate actual pay
gaps, and their ideal pay gaps are even further from reality than
those
underestimates.
PDF
Employment
and Social Developments in Europe 2014: wide-ranging and
well-crafted analyses, intrepretations and policy suggestions
(Jan 2015) - Our EWI director has been invited to comment
this European Commission book in the related Expert Conference
in Brussels
Working
poor - below a Living wage - empirical UK survey and policy proposals
(2014)
Essay: When
the poor pay more than the rich (2014)
This paper presents eleven groups of reasons
and conditions under which, painfully surprisingly, the poor has
to pay a higher price than the rich for the same good or for the
same fulfillment of a need. This is conducive to devise innovative
anti-poverty policies and business practices.
Essay
Effective
hours worked during a business cycle: 1998-2013 (28 countries)
Jobs,
Salaries and Inequality in Argentina: An Analysis of Distributional
Determinants , republished from the free PROBLEMAS
DEL DESARROLLO. REVISTA LATINOAMERICANA DE ECONOMÍA
Happiness
gains from sorting and matching in the labor market
The
labour policies taken in 2009 to cope with the crisis: a world
survey by ILO
Minimum wage, exports, and foreign direct
investment: empirical analysis and the discourse of powers
An investigation of empirical relations demistifies
an all too common discourse claiming that a minimum wage increase
would negatively affect the competitiveness of the country. Power
and influence on media is used to distort the truth to control
society. This is not a good-faith mistake but an effort of discourse
fights on the economic unfairness and social-class discrimination,
which is the root of Thailands structural problems.
PDF
Towards
an Evolutionary Interpretation of Aggregate Labor Market Regularities