|
|
|
|
||||
|
||||
The Impact of Wage Increases on Job Satisfaction - Empirical Evidence and Theoretical ImplicationsChristian GrundRWTH Aachen University - School of Economics and Business Administration; Institute for the Study of Labor (IZA) Dirk SliwkaUniversity of Cologne - Department of Business Administration and Human Resource Management; Institute for the Study of Labor (IZA) November 2001 IZA Discussion Paper No. 387 Abstract: 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 analyzed. It is shown that the myopic maximization of such a function directly implies increasing and concave shaped age-earnings profiles.
Number of Pages in PDF File: 20 Keywords: Job Satisfaction, Wage Increases, Habit Formation, Age-earnings Profiles JEL Classification: J28, J30, M12 working papers seriesDate posted: November 5, 2001Suggested CitationContact Information
|
|
|||||||||||||||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo8 in 0.469 seconds
