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The anticipation and adaptation effects of intra- and interpersonal wage changes on job satisfaction

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  • Diriwaechter, Patric
  • Shvartsman, Elena

Abstract

This paper analyses how individual job satisfaction is affected by wage changes. In order to account for potential dynamic effects of wage changes on job satisfaction, we include lead and lag effects of wage changes in our analysis. Furthermore, we examine the role of social comparisons. This strategy allows us to account for implications of behavioural theory and permits an appropriate methodological approach.

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  • Diriwaechter, Patric & Shvartsman, Elena, 2018. "The anticipation and adaptation effects of intra- and interpersonal wage changes on job satisfaction," Journal of Economic Behavior & Organization, Elsevier, vol. 146(C), pages 116-140.
  • Handle: RePEc:eee:jeborg:v:146:y:2018:i:c:p:116-140
    DOI: 10.1016/j.jebo.2017.12.010
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    Cited by:

    1. Filiz Gülal & Adam Ayaita, 2018. "The Impact of Minimum Wages on Well-Being: Evidence from a Quasi-Experiment in Germany," SOEPpapers on Multidisciplinary Panel Data Research 969, DIW Berlin, The German Socio-Economic Panel (SOEP).

    More about this item

    Keywords

    Wage change; Job satisfaction; Anticipation and adaptation;

    JEL classification:

    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects

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