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https://hdl.handle.net/10419/20879
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DC Field | Value | Language |
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dc.contributor.author | Hamermesh, Daniel S. | en |
dc.date.accessioned | 2009-01-28T16:17:32Z | - |
dc.date.available | 2009-01-28T16:17:32Z | - |
dc.date.issued | 1999 | - |
dc.identifier.uri | http://hdl.handle.net/10419/20879 | - |
dc.description.abstract | The 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.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x42 | en |
dc.subject.jel | J28 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Job satisfaction | en |
dc.subject.keyword | wage inequalitiy returns to human capital | en |
dc.subject.keyword | earnings shocks | en |
dc.subject.stw | Arbeitszufriedenheit | en |
dc.subject.stw | Lohnstruktur | en |
dc.subject.stw | Bildungsertrag | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | USA | en |
dc.subject.stw | Deutschland | en |
dc.title | The Changing Distribution of Job Satisfaction | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 83021044X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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