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Reference Dependent Preferences and the Impact of Wage Increases on Job Satisfaction: Theory and Evidence

Grund, Christian; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2005

The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...

Persistent link: https://www.econbiz.de/10005822174

Culture, Institutions and the Wealth of Nations

Gorodnichenko, Yuriy; Roland, Gerald - Institute for the Study of Labor (IZA) - 2010

-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

Persistent link: https://www.econbiz.de/10008680898

Entrepreneurship and Economic Development: Theory, Evidence and Policy

Naudé, Wim - Institute for the Study of Labor (IZA) - 2013

This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...

Persistent link: https://www.econbiz.de/10010884187

Drivers of Entrepreneurship and Post-Entry Performance of Newborn Firms in Developing Countries

Quatraro, Francesco; Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2013

The aim of this paper is to provide an updated survey of the "state of the art" in entrepreneurial studies, with a particular focus on developing countries (DCs). In particular, the same concept of "entrepreneurship" will be critically discussed, then moving to the institutional, macroeconomic...

Persistent link: https://www.econbiz.de/10010884241

Entrepreneurship in Advanced and Developing Countries: A Microeconomic Perspective

Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2012

The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...

Persistent link: https://www.econbiz.de/10011279314

Innovative Firms or Innovative Owners? Determinants of Innovation in Micro, Small, and Medium Enterprises

de Mel, Suresh; McKenzie, David; Woodruff, Christopher - Institute for the Study of Labor (IZA) - 2009

Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. We develop a …

Persistent link: https://www.econbiz.de/10005822994

How does innovation affect worker well-being?

Bryson, Alex; Dale-Olsen, Harald; Barth, Erling - London School of Economics (LSE) - 2009

effect which becomes more pronounced when we account for the endogeneity of innovation. This is the case for three different … count measures of innovation – a global measure of innovation and measures for labour innovations and capital innovations …

Persistent link: https://www.econbiz.de/10010745414

Boss Competence and Worker Well-being

Artz, Benjamin; Goodall, Amanda H.; Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2014

Nearly all workers have a supervisor or 'boss'. Yet there is almost no published research by economists into how bosses affect the quality of employees' lives. This study offers some of the first formal evidence. First, it is shown that a boss's technical competence is the single strongest...

Persistent link: https://www.econbiz.de/10010959573

Temporal and Locational Flexibility of Work, Working-Time Fit, and Job Satisfaction

Possenriede, Daniel; Plantenga, Janneke - Institute for the Study of Labor (IZA) - 2014

In this paper we analyse the effects of arrangements that provide temporal and locational flexibility of work (TLF), namely flexi-time, telehomework, and part-time work, on employees' satisfaction with the fit between working time and private life and their overall job satisfaction. TLF...

Persistent link: https://www.econbiz.de/10010959777

Pay Enough, Don't Pay Too Much or Don't Pay at All? The Impact of Bonus Intensity on Job Satisfaction

Pouliakas, Konstantinos - Institute for the Study of Labor (IZA) - 2010

Using ten waves (1998-2007) of the British Household Panel Survey (BHPS), this paper investigates the ceteris paribus association between the intensity of incentive pay, the dynamic change in bonus status and the utility derived from work. After controlling for individual heterogeneity biases,...

Persistent link: https://www.econbiz.de/10008611510