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Job satisfaction and compensating wage differentials: Evidence from Russia

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  • Francesco Bartolucci
  • Giovanni S F Bruno
  • Olga Demidova
  • Marcello Signorelli

Abstract

This article is focused on the analysis of the determinants of job satisfaction of Russian workers through the estimation of ordered logit models with individual fixed effects on a panel data set extracted from the Russian Longitudinal Monitoring Survey. The real wage results positively associated with job satisfaction on all samples considered, after controlling for several time-varying controls aimed at picking up time-varying human capital, preferences, and non-instantaneous equilibrium adjustments. As long as the included controls capture all the heterogeneous trends in individual wages, we may interpret this result as a possible failure of the theory of compensating wage differentials in the Russian labour market.

Suggested Citation

  • Francesco Bartolucci & Giovanni S F Bruno & Olga Demidova & Marcello Signorelli, 2017. "Job satisfaction and compensating wage differentials: Evidence from Russia," CESifo Economic Studies, CESifo Group, vol. 63(3), pages 333-351.
    • Handle: RePEc:oup:cesifo:v:63:y:2017:i:3:p:333-351.
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    File URL: http://hdl.handle.net/10.1093/cesifo/ifx011
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    References listed on IDEAS

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    Cited by:

    1. Dubnovitskaya, Anastasia, 2021. "Who is satisfied with their pay? Evidence from the Russian Longitudinal Monitoring Survey," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 64, pages 49-69.

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    More about this item

    Keywords

    job satisfaction; Russia;

    JEL classification:

    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • J81 - Labor and Demographic Economics - - Labor Standards - - - Working Conditions

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