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 analyzed. It is shown that the myopic maximization of such a function directly implies increasing and concave shaped age-earnings profiles

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Year of publication:	[2021]
Authors:	Grund, Christian ; Sliwka, Dirk
Publisher:	[S.l.] : SSRN
Subject:	Arbeitszufriedenheit \| Job satisfaction \| Deutschland \| Germany \| Lohn \| Wages \| Schätzung \| Estimation \| Erwerbsverlauf \| Occupational attainment

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Extent:	1 Online-Ressource (20 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 2001 erstellt
Other identifiers:	10.2139/ssrn.289100 [DOI]
Classification:	J28 - Safety; Accidents; Industrial Health; Job Satisfaction, Related Public Policy ; J30 - Wages, Compensation, and Labor Costs. General ; M12 - Personnel Management
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013320740