We test the simple wealth maximization theory of quitting behavior on the German Socioeconomic Panel (1985-1993). We develop a new methodology to extract a consistent estimate of how the expected present value of one's job (including the non-pecuniary component) compares with outside...

By reporting his satisfaction with his job or any other experience, an individual does not communicate the number of utils that he feels. Instead, he expresses his posterior preference over available alternatives conditional on acquired knowledge of the past. This new interpretation of reported...

This study analyzes the impact of career plateau and job characteristics on people's attitudes or behaviors, but it also extends the traditional field of research on career plateau by taking into account the influence of factors linked to job characteristics on the relationship between career...