This paper models the relationship between income and self-reported well-being using random-effect techniques applied to panel data from twelve European countries. We cannot distinguish empirically between heterogeneities in the utility function (translating income into utility) and the...

Empirical labour economics largely considers that wages and hours of work are sufficient indicators of job quality. Using information on 14000 workers in 19 OECD countries it is shown that, first, workers actually say that wages and hours are amongst the least important characteristics of a job....

We construct indicators of the perception of job security for various types of jobs in 12 European countries using individual data from the European Community Household Panel (ECHP). We then consider the relation between reported job security and the OECD summary measures of Employment...

This paper considers the allocation of labour on the French and British markets, using objective wage and subjective satisfaction data. We show that, in some sectors, workers enjoy both higher wages and higher job satisfaction. We argue that this reflects labour market wage rents. Perhaps...

This paper uses both cross-section and panel information on employees in OECD countries to examine job values and outcomes over the 1990s. Job values have been stable over the 1990s, and are not noticeably cyclical. Despite rising wages and falling hours, overall job satisfaction is either...