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Direct and indirect effects of education on job satisfaction: A structural equation model for the Spanish case

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  • Fabra, M. Eugenia
  • Camisón, Cesar
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    Abstract

    Empirical literature has traditionally analyzed the effect of education on job satisfaction with single-equation models that ignore interrelationships between theoretical explanatory variables. Their results are somewhat inconclusive. We propose estimating a structural equation model to obtain both the direct effects and the set of indirect effects. Analysis of these effects allows us to explain the apparent contradictions that have existed to date, and to improve knowledge of the economic value of education. The proposed model shows that people with higher levels of formal education are more satisfied with their jobs, because they are more likely to access jobs with characteristics that provide greater satisfaction.

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    Bibliographic Info

    Article provided by Elsevier in its journal Economics of Education Review.

    Volume (Year): 28 (2009)
    Issue (Month): 5 (October)
    Pages: 600-610

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    Handle: RePEc:eee:ecoedu:v:28:y:2009:i:5:p:600-610

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    Web page: http://www.elsevier.com/locate/econedurev

    Related research

    Keywords: Education economics Human capital;

    References

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    Cited by:
    1. Fernandes, Cristina & Crespo, Nuno & Simoes, Nadia, 2013. "Poverty, Richness, and Inequality: Evidence for Portugal Using a Housing Comfort Index," MPRA Paper 52456, University Library of Munich, Germany.
    2. Gibbons, Stephen & Silva, Olmo, 2011. "School quality, child wellbeing and parents' satisfaction," Economics of Education Review, Elsevier, vol. 30(2), pages 312-331, April.
    3. Lennart Hoogerheide & Joern H. Block & Roy Thurik, 2010. "Family Background Variables as Instruments for Education in Income Regressions: A Bayesian Analysis," Tinbergen Institute Discussion Papers 10-075/3, Tinbergen Institute.
    4. Bender, Keith A. & Roche, Kristen, 2013. "Educational mismatch and self-employment," Economics of Education Review, Elsevier, vol. 34(C), pages 85-95.
    5. Maria Mercedes Teijeiro Álvarez (ed.), 2013. "Investigaciones de Economía de la Educación," E-books Investigaciones de Economía de la Educación, Asociación de Economía de la Educación, edition 1, volume 8, number 08, 8.
    6. Nuno Crespo & Nádia Simões & José Castro Pinto, 2013. "Determinant factors of job quality in Europe," Working Papers Series 2 13-01, ISCTE-IUL, Business Research Unit (BRU-IUL).

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