Arbeitspapier
The Impact of Wage Increases on Job Satisfaction: Empirical Evidence and Theoretical Implications
The impact of wage increases on job satisfaction are explored. First, it is empirically established that current job satisfaction rises with absolute wage level as well as with wage increases. Second, a basic job satisfaction function is constructed based on the empirical results, and theoretical implications are analysed. It is shown that the myopic maximisation of such a function directly implies increasing and concave shaped age-earnings profiles.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 387
- Klassifikation
-
Wirtschaft
Wages, Compensation, and Labor Costs: General
Personnel Management; Executives; Executive Compensation
Safety; Job Satisfaction; Related Public Policy
- Thema
-
Job satisfaction
wage increases
habit formation
age-earnings profiles
Arbeitszufriedenheit
Lohn
Erwerbsverlauf
Schätzung
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Grund, Christian
Sliwka, Dirk
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Grund, Christian
- Sliwka, Dirk
- Institute for the Study of Labor (IZA)
Entstanden
- 2001