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Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
Diskussionsbeitrag No. 438
Verlag: 
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, Hannover
Zusammenfassung: 
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.
Schlagwörter: 
comparison income
mobility
signaling
status
wages
JEL: 
D03
J31
J62
J63
M52
Dokumentart: 
Working Paper

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