Perceptions of equity and the distribution of income

• 成果类型: Article
• 署名作者: Rotemberg, JJ
• 署名单位: Harvard University
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/338218
• 发表日期: 2002
• 页码: 249-288
• 关键词: us economy; job; INEQUALITY

摘要

This article develops a model in which quit rates, and thus the income distribution, depend on employee perceptions of the accuracy of employer assessments of individual productivity because these latter assessments affect wages. When employees believe that these assessments are accurate, income inequality tends to be high. The model can account for the negative correlation across some countries of inequality and the extent to which inequality is deemed to be excessive. It also fits the contrast in U. S. and French experiences concerning the tenure of highly educated workers with high wages relative to the tenure of lower-paid workers.