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Statistical models for measuring job satisfaction

Author

Listed:
  • Romina Gambacorta

    (Bank of Italy)

  • Maria Iannario

    (University of Naples Federico II)

Abstract

In this paper we present two statistical approaches for discussing and modelling job satisfaction based on data collected in the Survey on Household Income and Wealth (SHIW) conducted by the Bank of Italy. In particular, we compare two different classes of model for ordinal data: the Ordinal Probit Model and the more recent CUB model. The aim is to establish common outcomes and differences in the estimated patterns of global job satisfaction, but also to stress the potential for curbing the effects of measurement errors on estimates by using CUB models, allowing us to control for the effect of uncertainty and shelter choices in the response process.

Suggested Citation

  • Romina Gambacorta & Maria Iannario, 2012. "Statistical models for measuring job satisfaction," Temi di discussione (Economic working papers) 852, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:wptemi:td_852_12
    as

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    File URL: http://www.bancaditalia.it/pubblicazioni/temi-discussione/2012/2012-0852/en_tema_852.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    job satisfaction; ordinal data modelling; CUB models;
    All these keywords.

    JEL classification:

    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities

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