How Much (More) Should CEOs Make? A Universal Desire for More Equal Pay.

@article{Kiatpongsan2014HowM,
  title={How Much (More) Should CEOs Make? A Universal Desire for More Equal Pay.},
  author={Sorapop Kiatpongsan and Michael I. Norton},
  journal={Perspectives on psychological science : a journal of the Association for Psychological Science},
  year={2014},
  volume={9 6},
  pages={587-93}
}
Do people from different countries and different backgrounds have similar preferences for how much more the rich should earn than the poor? Using survey data from 40 countries (N = 55,238), we compare respondents' estimates of the wages of people in different occupations-chief executive officers, cabinet ministers, and unskilled workers-to 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… CONTINUE READING
Related Discussions
This paper has been referenced on Twitter 13 times. VIEW TWEETS

From This Paper

Figures, tables, and topics from this paper.

Citations

Publications citing this paper.
Showing 1-10 of 15 extracted citations

Construct labeling: public trust and scientific credibility

Front. Psychol. • 2015
View 3 Excerpts
Highly Influenced

(Mis)perceptions of inequality.

Current opinion in psychology • 2017
View 1 Excerpt

Americans misperceive racial economic equality.

Proceedings of the National Academy of Sciences of the United States of America • 2017
View 1 Excerpt

Signs of Social Class: The Experience of Economic Inequality in Everyday Life

Perspectives on psychological science : a journal of the Association for Psychological Science • 2017
View 1 Excerpt

Support for redistribution is shaped by compassion , envy , and self-interest , but not a taste for fairness

Daniel Sznycera, Maria Florencia Lopez Seale, +6 authors John Toobyb
2017

Support for redistribution is shaped by compassion, envy, and self-interest, but not a taste for fairness.

Proceedings of the National Academy of Sciences of the United States of America • 2017
View 1 Excerpt

References

Publications referenced by this paper.
Showing 1-10 of 16 references

Can We Close the Pay Gap

D. Hargreaves
Retrieved March • 2014
View 4 Excerpts
Highly Influenced

Because he says so: Acting alone, Obama boosts minimum wage for contractors

B. Wolfgang
Retrieved April 24, 2014, from http://www.washingtontimes.com/news/2014/feb/12/obama-raise-minimum-wage-1010hour-federal-contrac/?page=all • 2014
View 1 Excerpt
Highly Influenced

Fighting Back Against Wretched Wages, New York Times

S. Greenhouse
Retrieved July 31, 2013. from http://www.nytimes.com/2013/07/28/sunday-review/fighting-backagainst-wretched-wages.html?hp&pagewanted=all&_r=0 • 2013
View 2 Excerpts
Highly Influenced

Most Americans for Raising Minimum Wage

A. Dugan
Retrieved February 24, 2014, from http://www.gallup.com/poll/165794/americans-raising-minimum-wage.aspx • 2013
View 1 Excerpt
Highly Influenced

What’s the right ratio for CEO-to-worker pay

J. McGregor
2013
View 4 Excerpts
Highly Influenced

A Sweet Solution to the Sticky Wage Disparity Problem

M. Weiss
Retrieved 2014, March 27, from http://abcnews.go.com/Business/companies-follow-ben-jerrys-leadwages/story?id=19920634 • 2013
View 1 Excerpt

As Inequality Grows, Swiss To Vote On Curbing Executive Pay

E. Beardsley
Retrieved January 30, 2014, from http://www.npr.org/blogs/parallels/2013/11/22/246678622/swiss-inequality-is-growingwould-curbing-exec-pay-matter • 2013
View 3 Excerpts

CEO Pay in 2012 Was Extraordinarily High Relative to Typical Workers and Other High Earners: Economic Policy Institute

L. Mishel, N. Sabadish
2013
View 1 Excerpt

CEO-to-Worker Pay Ratios Around the World

AFL-CIO.
Retrieved March 31, 2014, from http://www.aflcio.org/Corporate-Watch/CEO-Pay-and-You/CEO-to-Worker-PayGap-in-the-United-States/Pay-Gaps-in-the-World#_ftn1 • 2013
View 2 Excerpts

The notsocommon wealth of Australia : Evidence for a cross - cultural desire for a more equal distribution of wealth

M. Weiss
Analyses of Social Issues and Public Policy • 2013
View 1 Excerpt

Similar Papers

Loading similar papers…