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Do higher wages come at a price?

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Author Info

  • Bryson, Alex
  • Barth, Erling
  • Dale-Olsen, Harald

Abstract

Using linked employer–employee data for Britain we find that higher wages are associated with higher job satisfaction and higher job anxiety. The association between wages and non-pecuniary job satisfaction disappears with the inclusion of effort measures whereas the positive association between wages and job anxiety remains strong and significant providing no support for a compensating differential explanation, but rather for a ‘gift exchange’ type of reciprocal behaviour. No support is found for the proposition that within-workplace wage differentials are a source of job anxiety.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Psychology.

Volume (Year): 33 (2012)
Issue (Month): 1 ()
Pages: 251-263

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Handle: RePEc:eee:joepsy:v:33:y:2012:i:1:p:251-263

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

Related research

Keywords: Worker wellbeing; Job stress; Job anxiety; Job satisfaction; Wages; Compensating differentials;

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References

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  1. Heike Hennig-Schmidt & Bettina Rockenbach & Abdolkarim Sadrieh, 2005. "In search of worker's real effort reciprocity - a field and a laboratory experiment," Artefactual Field Experiments 00065, The Field Experiments Website.
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  7. Andrew E. Clark & David Masclet & Marie Claire Villeval, 2010. "Effort and Comparison Income: Experimental and Survey Evidence," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 63(3), pages 407-426, April.
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Citations

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Cited by:
  1. Jones, Melanie K. & Latreille, Paul L. & Sloane, Peter J., 2011. "Job Anxiety, Work-Related Psychological Illness and Workplace Performance," IZA Discussion Papers 5809, Institute for the Study of Labor (IZA).
  2. Rees, Daniel I. & Sabia, Joseph J., 2012. "Migraine Headache and Labor Market Outcomes," IZA Discussion Papers 7034, Institute for the Study of Labor (IZA).
  3. Haile, Getinet Astatike & Bryson, Alex & White, Michael, 2012. "Heterogeneity in Union Status and Employee Well-Being," IZA Discussion Papers 7075, Institute for the Study of Labor (IZA).

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