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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8463 |
DP8463 Cardiovascular Consequences of Unfair Pay | |
Armin Falk; Ingo Menrath; Pablo Emilio Verde; Johannes Siegrist | |
发表日期 | 2011-06-01 |
出版年 | 2011 |
语种 | 英语 |
摘要 | This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise if an agent's reward expectation is not met. Throughout the experiment we record agents' heart rate variability. The latter is an indicator of stress-related impaired cardiac autonomic control, which has been shown to predict coronary heart diseases in the long run. Establishing a causal link between unfair pay and heart rate variability therefore uncovers a mechanism of how perceptions of unfairness can adversely affect cardiovascular health. We further test potential adverse health effects of unfair pay using data from a large representative data set. Complementary to our experimental findings we find a strong and highly significant association between health outcomes, in particular cardiovascular health, and fairness of pay. |
主题 | Labour Economics |
关键词 | Fairness Social preferences Inequality Heart rate variability Health Experiments Soep |
URL | https://cepr.org/publications/dp8463 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537291 |
推荐引用方式 GB/T 7714 | Armin Falk,Ingo Menrath,Pablo Emilio Verde,et al. DP8463 Cardiovascular Consequences of Unfair Pay. 2011. |
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