Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/21247
Authors: 
Grund, Christian
Sliwka, Dirk
Year of Publication: 
2001
Series/Report no.: 
IZA Discussion paper series 387
Abstract: 
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 theoretical implications are analysed. It is shown that the myopic maximisation of such a function directly implies increasing and concave shaped age-earnings profiles.
Subjects: 
Job satisfaction
wage increases
habit formation
age-earnings profiles
JEL: 
J30
M12
J28
Document Type: 
Working Paper

Files in This Item:
File
Size
150.93 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.