Income inequality and job satisfaction of full-time employees in Germany
By: by Christoph Wunder, Johannes Schwarze
Contributors: Schwarze, Johannes, 1959-
Series: Discussion paper -- no. 2084; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2084
Publisher: IZA
Published: 2006
Place of publication: Bonn, Germany
Language: eng
Format: [electronic resource] /
Subjects: Income distribution; Job satisfaction
Description: "Using data from the German Socio-Economic Panel Study (GSOEP), it is shown that income comparison with persons who are better off has a clear impact on the job satisfaction of West German full-time employees. Two contrary effects can be identified. On the one hand, there is an aversion to disadvantageous regional income inequality, while on the other hand, individuals prefer inequality within their occupational group. The two effects are interpreted as envy and an information (or "tunnel") effect, respectively. The analysis of income comparison with persons who are worse off suggests a prestige effect. However, downward comparison is of minor importance for job satisfaction"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/18/2006.

Includes bibliographical references.

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