@techreport{Pfeifer2010Relative,
abstract = {We use a large linked employer-employee data set to analyze the importance of relative wage positions in the context of individual quit decisions as an inverse measure of job satisfaction. Our main findings are: (1) Workers with higher relative wage positions within their firms are on average more likely to quit their jobs than workers with lower relative wage positions; and (2) workers, who experience a loss in their relative wage positions, are also more likely to have a wage cut associated with their job-to-job transition. The overall results therefore suggest that the status effect is dominated by an opposing signal effect.},
address = {Hannover},
author = {Christian Pfeifer and Stefan Schneck},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {D03; J31; J62; J63; M52; 330; comparison income; mobility; signaling; status; wages; Lohnstruktur; Erwerbsstatus; Arbeitszufriedenheit; Arbeitsmobilit\"{a}t; Deutschland},
language = {eng},
number = {438},
publisher = {Wirtschaftswiss. Fak., Leibniz Univ.},
title = {Relative wage positions and quit behavior: New evidence from linked employer-employee data},
type = {Diskussionspapiere der Wirtschaftswissenschaftlichen Fakult\"{a}t // Wirtschaftswissenschaftliche Fakult\"{a}t, Leibniz Universit\"{a}t Hannover},
url = {http://hdl.handle.net/10419/37125},
year = {2010}
}
