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dc.contributor.authorGrund, Christianen_US
dc.contributor.authorSliwka, Dirken_US
dc.date.accessioned2009-01-29T15:10:10Z-
dc.date.available2009-01-29T15:10:10Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/22830-
dc.description.abstractThe impact of wage increases on job satisfaction is explored. First, it is empirically confirmed that current job satisfaction rises with the 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 analyzed. Myopic maximization of such a function directly implies increasing and concave shaped wage profiles. It is shown that employees get unhappier over time staying on a certain job although wages increase, which again is empirically confirmed.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesBonn econ discussion papers 2003,1en_US
dc.subject.jelM12en_US
dc.subject.jelJ28en_US
dc.subject.jelM54en_US
dc.subject.jelJ30en_US
dc.subject.ddc330en_US
dc.subject.keywordJob satisfactionen_US
dc.subject.keywordWage increasesen_US
dc.subject.keywordHabit formationen_US
dc.subject.keywordWage profilesen_US
dc.subject.keywordRelative utilityen_US
dc.subject.stwLohnen_US
dc.subject.stwArbeitszufriedenheiten_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleThe Further We Stretch the Higher the Sky: On the Impact of Wage Increases on Job Satisfactionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn374458510en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn

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