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dc.contributor.authorHamermesh, Daniel S.en
dc.date.accessioned2009-01-28T16:17:32Z-
dc.date.available2009-01-28T16:17:32Z-
dc.date.issued1999-
dc.identifier.urihttp://hdl.handle.net/10419/20879-
dc.description.abstractThe distribution of job satisfaction widened across cohorts of young men in the U.S. between1978 and 1988, and between 1978 and 1996, in ways correlated with changing wageinequality. Satisfaction among workers in upper earnings quantiles rose relative to that ofworkers in lower quantiles. An identical phenomenon is observed among men in WestGermany in response to a sharp increase in the relative earnings of high-wage men in themid-1990s. Several hypotheses about the determinants of satisfaction are presented andexamined using both cross-section data on these cohorts and panel data from the NLSY andthe German SOEP. The evidence is most consistent with workers? regret about the returns totheir investment in skills affecting their satisfaction. Job satisfaction is especially responsiveto surprises in the returns to observable skills, less so to surprises in the returns tounobservables; and the effects of earnings shocks on job satisfaction dissipate over time.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x42en
dc.subject.jelJ28en
dc.subject.ddc330en
dc.subject.keywordJob satisfactionen
dc.subject.keywordwage inequalitiy returns to human capitalen
dc.subject.keywordearnings shocksen
dc.subject.stwArbeitszufriedenheiten
dc.subject.stwLohnstrukturen
dc.subject.stwBildungsertragen
dc.subject.stwSchätzungen
dc.subject.stwUSAen
dc.subject.stwDeutschlanden
dc.titleThe Changing Distribution of Job Satisfaction-
dc.typeWorking Paperen
dc.identifier.ppn83021044Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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