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Human Capital, Matching and Job Satisfaction

Author

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  • Tim Barmby
  • Alex Bryson
  • Barbara Eberth

Abstract

Using a model of wage determination developed by Stevens (2003) we offer an explanation of why tenure has a negative effect when entered in job satisfaction equations. If job satisfaction measures match quality, then the explanation follows from a model of the labour market in which workers accumulate specific human capital at the firm they work and the way in which this accumulation affects the way workers react to outside job opportunities.

Suggested Citation

  • Tim Barmby & Alex Bryson & Barbara Eberth, 2012. "Human Capital, Matching and Job Satisfaction," CEP Discussion Papers dp1151, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepdps:dp1151
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    Cited by:

    1. Eike Emrich & Christian Pierdzioch, 2016. "Volunteering, Match Quality, and Internet Use," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 136(2), pages 199-226.
    2. Matt Marx & Bram Timmermans, 2017. "Hiring Molecules, Not Atoms: Comobility and Wages," Organization Science, INFORMS, vol. 28(6), pages 1115-1133, December.
    3. Gaetano Lisi, 2018. "Job satisfaction, time allocation and labour supply," Working Papers 2018-04, Universita' di Cassino, Dipartimento di Economia e Giurisprudenza.
    4. Yi Zhang & Martin Salm & Arthur Soest, 2021. "The effect of training on workers’ perceived job match quality," Empirical Economics, Springer, vol. 60(5), pages 2477-2498, May.
    5. Mohanty, Madhu, 2019. "Effects of job satisfaction on the worker's wage and weekly hours: A simultaneous equations approach," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 79(C), pages 27-42.
    6. Gaetano Lisi, 2018. "Job satisfaction, job match quality and labour supply decisions," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(4), pages 489-505, December.
    7. Laetitia Hauret & Donald R. Williams, 2017. "Cross-National Analysis of Gender Differences in Job Satisfaction," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 56(2), pages 203-235, April.
    8. Kampkötter, Patrick & Petters, Lea M. & Sliwka, Dirk, 2021. "Employee identification and wages – on the economics of “Affective Commitment”," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 608-626.
    9. Madhu S. Mohanty, 2018. "Does Positive Attitude Matter Only for Older Workers? Evidence from Simultaneous Estimation of Job Satisfaction, Wage and Positive Attitude in the United States," Journal of Happiness Studies, Springer, vol. 19(8), pages 2373-2404, December.
    10. Adrian Chadi & Clemens Hetschko, 2021. "How Job Changes Affect People's Lives — Evidence from Subjective Well‐Being Data," British Journal of Industrial Relations, London School of Economics, vol. 59(2), pages 279-306, June.
    11. Said ABUJUDEH, 2019. "The Role Of Human Resource Management In Employees’ Job Satisfaction And Organizational Commitment," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 20, pages 137-145, September.
    12. Chaudhuri, Kausik & Reilly, Kevin T. & Spencer, David A., 2015. "Job satisfaction, age and tenure: A generalized dynamic random effects model," Economics Letters, Elsevier, vol. 130(C), pages 13-16.

    More about this item

    Keywords

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    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy

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