Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20879
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dc.contributor.authorHamermesh, Daniel S.en_US
dc.date.accessioned2009-01-28T16:17:32Z-
dc.date.available2009-01-28T16:17:32Z-
dc.date.issued1999en_US
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_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x42en_US
dc.subject.jelJ28en_US
dc.subject.ddc330en_US
dc.subject.keywordJob satisfactionen_US
dc.subject.keywordwage inequalitiy returns to human capitalen_US
dc.subject.keywordearnings shocksen_US
dc.subject.stwArbeitszufriedenheiten_US
dc.subject.stwLohnstrukturen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwSchätzungen_US
dc.subject.stwUSAen_US
dc.subject.stwDeutschlanden_US
dc.titleThe Changing Distribution of Job Satisfactionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn83021044Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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