The effects of tastes and motivation on individual income
AbstractThe author examines the relationship between income and certain tastes and motivation factors using data from a national sample of individuals interviewed as college freshmen in 1971 and then surveyed nine years later. He finds that respondents' drive to achieve and the importance they attached to financial success were positively related to annual income. The extent to which raising a family was valued as a goal did not affect income, at least for full-time workers. The estimated income effects of these tastes and motivation factors vary by gender. For example, a strong desire for financial well-being enhanced income more for men than for women. (Abstract courtesy JSTOR.)
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Bibliographic InfoArticle provided by ILR Review, Cornell University, ILR School in its journal ILR Review.
Volume (Year): 48 (1995)
Issue (Month): 2 (January)
Postal: 381 Ives East, Cornell University, Ithaca, NY 14853-3901
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- Paarsch, Harry J. & Shearer, Bruce S., 2004.
"Male-Female Productivity Differentials: the Role of Ability and Incentives,"
Cahiers de recherche
0401, Université Laval - Département d'économique.
- Harry J. Paarsch & Bruce S. Shearer, 2004. "Male-Female Productivity Differentials: The Role of Ability and Incentives," CIRANO Working Papers 2004s-17, CIRANO.
- Georgellis, Yannis & Gregoriou, Andros & Tsitsianis, Nikolaos, 2008. "Adaptation towards reference values: A non-linear perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 67(3-4), pages 768-781, September.
- Harry J. Paarsch & Bruce S. Shearer, 2004. "Male-Female Productivity Differentials: the Role of Ability and Incentives (revised)," Cahiers de recherche 0410, CIRPEE.
- Palifka, Bonnie J., 2009. "Personality and income in Mexico: Supervisor assessments vs. self-assessments," Journal of Economic Psychology, Elsevier, vol. 30(1), pages 92-106, February.
- Hussey, Andrew, 2011. "The effect of ethics on labor market success: Evidence from MBAs," Journal of Economic Behavior & Organization, Elsevier, vol. 80(1), pages 168-180.
- Carol Nickerson & Norbert Schwarz & Ed Diener, 2007. "Financial aspirations, financial success, and overall life satisfaction: who? and how?," Journal of Happiness Studies, Springer, vol. 8(4), pages 467-515, December.
- Olbrecht, Alexandre, 2009. "Do academically deficient scholarship athletes earn higher wages subsequent to graduation?," Economics of Education Review, Elsevier, vol. 28(5), pages 611-619, October.
- Hilmer, Michael J. & Hilmer, Christiana E., 2012. "On the relationship between student tastes and motivations, higher education decisions, and annual earnings," Economics of Education Review, Elsevier, vol. 31(1), pages 66-75.
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