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Reported job satisfaction : What does it mean?

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  • Louis Lévy-Garboua

    ()
    (CIRANO - Centre interuniversitaire de recherche en analyse des organisations - UQAM - Université du Québec à Montréal, TEAM - Théories et Applications en Microéconomie et Macroéconomie - CNRS : UMR8059 - Université Paris I - Panthéon-Sorbonne)

  • Claude Montmarquette

    (CIRANO - Centre interuniversitaire de recherche en analyse des organisations - UQAM - Université du Québec à Montréal, Université de Montréal - Département de Sciences Economique - Université de Montréal)

Abstract

We emphasize the major influences of experienced utility gaps or regret, i.e. the difference between what happened and what might have happened, on job satisfaction. The main prediction that we test is that job satisfaction correlates with the wage gaps experienced in the past and present, holding other job-related satisfactions constant, with the possible exception of young workers. We further test that this effect of wage gaps on job satisfaction declines with working experience. We find evidence on a Canadian cross-section that the past matters.

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Bibliographic Info

Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00203197.

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Date of creation: Apr 2004
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Publication status: Published, Journal of Socio-Economics, 2004, 33, 2, 135-151
Handle: RePEc:hal:cesptp:halshs-00203197

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00203197
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Keywords: Job Satisfaction; experienced wage gaps;

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  1. Gilad, Benjamin & Kaish, Stanley & Loeb, Peter D., 1987. "Cognitive dissonance and utility maximization : A general framework," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 8(1), pages 61-73, March.
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