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While large literatures have shown that cognitive ability and schooling increases employment and wages, an emerging … important role in producing both personality and other non-cognitive skills and labor market outcomes is family background …, including genetic endowments. This paper is the first to use sibling differences to estimate the effects of personality on …
Persistent link: https://www.econbiz.de/10010282340
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...
Persistent link: https://www.econbiz.de/10010262591
, employer change, quits, training, wages, and job satisfaction). …
Persistent link: https://www.econbiz.de/10010268600
We investigate the effects of works councils on employees' wages and job satisfaction in general and for subgroups with … support for the hypothesis that the introduction of a works council itself increases wages or job satisfaction for the …
Persistent link: https://www.econbiz.de/10010274627
What makes workers happy? Here we argue that pure ?rank? matters. It is currently believed that wellbeing is determined partly by an individual?s absolute wage (say, 30,000 dollars a year) and partly by the individual?s relative wage (say, 30,000 dollars compared to an average in the company or...
Persistent link: https://www.econbiz.de/10010276086
higher wages. This evidence can be explained by increased mobility costs associated with higher expected risk of post …
Persistent link: https://www.econbiz.de/10010282289
Empirical analyses using cross-sectional and panel data found significantly higher levels of job satisfaction for self-employed than for employees. We argue that those estimates in previous studies might be biased by neglecting anticipation and adaptation effects. For testing we specify several...
Persistent link: https://www.econbiz.de/10010278663
This paper explores the power of personality traits both as predictors and as causes of academic and economic success …, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of … preferences, constraints, and information. Evidence is reviewed about the situational specificity of personality traits and …
Persistent link: https://www.econbiz.de/10010278622
applicants' intellectual ability, personality, and motivation. This allows the first experimental estimates of (i) the role of … fill vacancies, as well as the role of wages in helping fill positions in less attractive municipalities. A theoretical … model guides each stage of the empirical inquiry. We find that higher wages attract more able applicants as measured by …
Persistent link: https://www.econbiz.de/10010287612
Standard economic models which focus on pecuniary payoffs cannot explain why there are highly able individuals who choose careers with low pecuniary returns. Therefore, financial incentives are unlikely to be effective in influencing career choices of these individuals. Based on Akerlof and...
Persistent link: https://www.econbiz.de/10010268181