Human Capital, Matching and Job Satisfaction
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.
|Date of creation:||Jun 2012|
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References listed on IDEAS
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- Ferreira, Priscila & Taylor, Mark, 2011.
"Measuring match quality using subjective data,"
Elsevier, vol. 113(3), pages 304-306.
- Medoff, James L & Abraham, Katharine G, 1980.
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MIT Press, vol. 95(4), pages 703-36, December.
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- Richard B. Freeman, 1977.
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NBER Working Papers
0225, National Bureau of Economic Research, Inc.
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- George J. Borjas, 1979. "Job Satisfaction, Wages, and Unions," Journal of Human Resources, University of Wisconsin Press, vol. 14(1), pages 21-40.
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