Adaptation towards reference values: a non-linear perspective
Abstract: Using large-scale panel data, we examine the dynamics of adjustment towards reference points for key workplace attributes. We discover that an Exponential Smooth Transition Autoregressive (ESTAR) model is superior to a linear model in characterizing such a process. The speed of adjustment increases non-linearly with the distance from reference points and adjustment is faster for job satisfaction shocks compared to shocks in earnings or work hours. Our findings lend further credence to the relative utility hypothesis and highlight the inherently non-linear nature of the dynamic path of adjustment towards reference points, a previously neglected issue in the adaptation literature
- Standort
-
Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
-
Online-Ressource
- Sprache
-
Englisch
- Anmerkungen
-
Postprint
begutachtet (peer reviewed)
In: Journal of Economic Behavior & Organization ; 67 (2008) 3-4 ; 768-781
- Ereignis
-
Veröffentlichung
- (wo)
-
Mannheim
- (wann)
-
2008
- Urheber
-
Georgellis, Yannis
Gregoriou, Andros
Tsitsianis, Nikolaos
- DOI
-
10.1016/j.jebo.2007.08.007
- URN
-
urn:nbn:de:0168-ssoar-263087
- Rechteinformation
-
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
-
14.08.2025, 10:49 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
Deutsche Nationalbibliothek. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Deutsche Nationalbibliothek. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Beteiligte
- Georgellis, Yannis
- Gregoriou, Andros
- Tsitsianis, Nikolaos
Entstanden
- 2008
Ähnliche Objekte (12)
Adaptation towards reference values: a non-linear perspective
Linear and Non-Linear Subsidies
Non-linear vibrations
Non-linear electromechanics
DACH reference values for nutrient intake
01.04 Reference Values for Arterial Stiffness
Mismatch Negativity in Children: Reference Values
Reference values of conditioned pain modulation
Linear complementarity, linear and nonlinear programming
Reference values for isometric muscle force among workers for the Netherlands: a comparison of reference values
Realization approach of non-linear postseismic deformation model for Taiwan semi-kinematic reference frame
Non-linear polypeptide architectures
Adaptation towards reference values: a non-linear perspective
Linear and Non-Linear Subsidies
Non-linear vibrations
Non-linear electromechanics
DACH reference values for nutrient intake
01.04 Reference Values for Arterial Stiffness
Mismatch Negativity in Children: Reference Values
Reference values of conditioned pain modulation
Linear complementarity, linear and nonlinear programming
Reference values for isometric muscle force among workers for the Netherlands: a comparison of reference values
Realization approach of non-linear postseismic deformation model for Taiwan semi-kinematic reference frame
Non-linear polypeptide architectures
Adaptation towards reference values: a non-linear perspective
Linear and Non-Linear Subsidies
Non-linear vibrations
Non-linear electromechanics
DACH reference values for nutrient intake
01.04 Reference Values for Arterial Stiffness
Mismatch Negativity in Children: Reference Values
Reference values of conditioned pain modulation
Linear complementarity, linear and nonlinear programming
Reference values for isometric muscle force among workers for the Netherlands: a comparison of reference values
Realization approach of non-linear postseismic deformation model for Taiwan semi-kinematic reference frame