Socio-Economic Differences in the Satisfaction of High-Pay and Low-Pay Jobs in Europe
This paper investigates whether any significant differences in the job satisfaction of high- and low-paid workers exist in eleven European labour markets. Using data from six waves (1996-2001) of the ECHP, it is shown that low-paid employees are significantly less satisfied with their jobs compared to the high-paid in the periphery of Southern European countries, as opposed to those in the North. This evidence suggests that in the face of an increasing flexibility in labour markets, low-paid jobs in the EU are not inevitably of low quality, though in some countries low-wage workers have experienced the full brunt of both lower-paid and bad quality jobs. For these countries policies that centre on the quality of work are essential. Evidence indicates that the cross-country differences reflect the disparate manner with which the flexibility-security nexus has been confronted.
|Date of creation:||06 Jun 2005|
|Date of revision:||10 Aug 2009|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- K. Pouliakas & I. Theodossiou, 2009. "Confronting Objections To Performance Pay: The Impact Of Individual And Gain-Sharing Incentives On Job Satisfaction," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(5), pages 662-684, November.
- Tsakloglou, Panos & Cholezas, Ioannis, 2005. "Education and Inequality in Greece," IZA Discussion Papers 1582, Institute for the Study of Labor (IZA).
- David G. Blanchflower & Andrew J. Oswald, 2000.
"Well-Being Over Time in Britain and the USA,"
NBER Working Papers
7487, National Bureau of Economic Research, Inc.
- Blanchflower, David G. & Oswald, Andrew J., 2001. "Well-Being Over Time in Britain and the USA," The Warwick Economics Research Paper Series (TWERPS) 616, University of Warwick, Department of Economics.
- Richard B. Freeman, 1977.
"Job Satisfaction as an Economic Variable,"
NBER Working Papers
0225, National Bureau of Economic Research, Inc.
- Konstantinos Pouliakas & Ioannis Theodossiou, 2005. "Socio-Economic Differences in the Perceived Quality of High and Low-Paid Jobs in Europe," Labor and Demography 0506002, EconWPA.
- Richard Jones & Peter Sloane, 2007. "Low Pay, Higher Pay and Job Satisfaction in Wales," Spatial Economic Analysis, Taylor & Francis Journals, vol. 2(2), pages 197-214.
- Clark, Andrew E. & Oswald, Andrew J., 1996.
"Satisfaction and comparison income,"
Journal of Public Economics,
Elsevier, vol. 61(3), pages 359-381, September.
- Diaz-Serrano, Luis & Vieira, José António Cabral, 2005.
"Low Pay, Higher Pay and Job Satisfaction within the European Union: Empirical Evidence from Fourteen Countries,"
IZA Discussion Papers
1558, Institute for the Study of Labor (IZA).
- Luis Diaz-Serrano & Jose A. Cabral Vieira, 2005. "Low-pay higher pay and job satisfaction within the European Union: empirical evidence from fourteen countries," Economics, Finance and Accounting Department Working Paper Series n1560405, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
- Drakopoulos, S. A. & Theodossiou, I., 1997. "Job satisfaction and target earnings," Journal of Economic Psychology, Elsevier, vol. 18(6), pages 693-704, November.
- Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
- Grund, Christian & Sliwka, Dirk, 2005.
"Reference Dependent Preferences and the Impact of Wage Increases on Job Satisfaction: Theory and Evidence,"
IZA Discussion Papers
1879, Institute for the Study of Labor (IZA).
- Christian Grund & Dirk Sliwka, 2007. "Reference-Dependent Preferences and the Impact of Wage Increases on Job Satisfaction: Theory and Evidence," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 163(2), pages 313-335, June.
- Stewart, Mark, 2006.
"The Inter-related Dynamics of Unemployment and Low-Wage Employment,"
The Warwick Economics Research Paper Series (TWERPS)
741, University of Warwick, Department of Economics.
- Mark B. Stewart, 2007. "The interrelated dynamics of unemployment and low-wage employment," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(3), pages 511-531.
- van Praag, Bernard M. S., 1991. "Ordinal and cardinal utility : An integration of the two dimensions of the welfare concept," Journal of Econometrics, Elsevier, vol. 50(1-2), pages 69-89, October.
- Pouliakas, Konstantinos & Theodossiou, Ioannis, 2008.
"Measuring the Utility Cost of Temporary Employment Contracts before Adaptation: A Conjoint Analysis Approach,"
14166, University Library of Munich, Germany.
- Konstantinos Pouliakas & Ioannis Theodossiou, 2010. "Measuring the Utility Cost of Temporary Employment Contracts Before Adaptation: A Conjoint Analysis Approach," Economica, London School of Economics and Political Science, vol. 77(308), pages 688-709, October.
- McCausland, David & Pouliakas, Konstantinos & Theodossiou, Ioannis, 2005.
"Some are Punished and Some are Rewarded: A Study of the Impact of Performance Pay on Job Satisfaction,"
14243, University Library of Munich, Germany.
- W.D. McCausland & K. Pouliakas & I. Theodossiou, 2005. "Some are Punished and Some are Rewarded: A Study of the Impact of Performance Pay on Job Satisfaction," Labor and Demography 0505019, EconWPA.
- Rannia Leontaridi & Peter Sloane, 2001. "Measuring The Quality Of Jobs," LoWER Working Papers wp7, AIAS, Amsterdam Institute for Advanced Labour Studies.
- Mundlak, Yair, 1978. "On the Pooling of Time Series and Cross Section Data," Econometrica, Econometric Society, vol. 46(1), pages 69-85, January.
- Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-84, July.
- Ada Ferrer-i-Carbonell & Paul Frijters, 2004. "How Important is Methodology for the estimates of the determinants of Happiness?," Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, 07.
- Kahneman, Daniel & Wakker, Peter P & Sarin, Rakesh, 1997. "Back to Bentham? Explorations of Experienced Utility," The Quarterly Journal of Economics, MIT Press, vol. 112(2), pages 375-405, May.
- Theodossiou, I., 1998. "The effects of low-pay and unemployment on psychological well-being: A logistic regression approach," Journal of Health Economics, Elsevier, vol. 17(1), pages 85-104, January.
- Clark, Andrew E., 1999. "Are wages habit-forming? evidence from micro data," Journal of Economic Behavior & Organization, Elsevier, vol. 39(2), pages 179-200, June.
- Colin Green & John S. Heywood, 2008. "Does Performance Pay Increase Job Satisfaction?," Economica, London School of Economics and Political Science, vol. 75(300), pages 710-728, November.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:16733. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.