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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

Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In

Earle, John S.; Sabirianova, Klara Z. - Institute for the Study of Labor (IZA) - 2000

We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...

Persistent link: https://www.econbiz.de/10005822557

The State of University Policy for Progress in Europe

Hoareau, Cécile; Ritzen, Jo; Marconi, Gabriele - Institute for the Study of Labor (IZA) - 2012

Higher education contributes to economic innovation. This study measures and compares the extent to which national … higher education performance in education, research and economic innovation, using non-arbitrary weights and eighteen policy …

Persistent link: https://www.econbiz.de/10010884401

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

High Performance Workplace Practices and Job Satisfaction: Evidence from Europe

Bauer, Thomas K. - Institute for the Study of Labor (IZA) - 2004

Using individual data from the European Survey on Working Conditions (ESWC) covering all EU member states, this study aimed at contributing to our understanding of the effects of High Performance Workplace Organizations (HPWOs) on worker's job satisfaction. The estimation results show that a...

Persistent link: https://www.econbiz.de/10005700869

Revisiting the German Wage Structure

Dustmann, Christian; Ludsteck, Johannes; Schönberg, Uta - Institute for the Study of Labor (IZA) - 2007

This paper challenges the view that the wage structure in West-Germany has remained stable throughout the 80s and 90s. Based on a 2 % sample of social security records, we show that wage inequality has increased in the 1980s, but only at the top of the distribution. In the early 1990s, wage...

Persistent link: https://www.econbiz.de/10005233908