And I Will Try to Fix You: A Study of Heterogeneity in Job Satisfaction with Implications for Flexible Employment Contracts
AbstractThis paper is an empirical study of slope heterogeneity in job satisfaction. It provides evidence from the generalized ordered probit models that different job characteristics tend to have different distributional impacts on the overall job satisfaction. For instance, standard models tend to significantly underestimate the effects of monthly salary and hours worked at generating the "highly" satisfied workers, whilst lowering the incidence of the "very dissatisfied" workers. Although our results should be viewed as illustrative, we provide discussions of their potential implications for employers and they could help with the design of employment contracts.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 5868.
Length: 37 pages
Date of creation: Jul 2011
Date of revision:
Publication status: published online as 'Do Different Work Characteristics Have Different Distributional Impacts on Job Satisfaction? A Study of Slope Heterogeneity in Workers’ Well-Being' in: British Journal of Industrial Relations , 2012, [Early View]
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Find related papers by JEL classification:
- J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-08-09 (All new papers)
- NEP-HAP-2011-08-09 (Economics of Happiness)
- NEP-HRM-2011-08-09 (Human Capital & Human Resource Management)
- NEP-LAB-2011-08-09 (Labour Economics)
- NEP-LMA-2011-08-09 (Labor Markets - Supply, Demand, & Wages)
- NEP-SEA-2011-08-09 (South East Asia)
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