Measuring job quality and job satisfaction
Job quality is a multi-dimensional concept that has become prominent on the agenda of policy-makers. There is no consensus about how to measure and how to monitor it. In this paper we compare often used objective and subjective indicators of job quality. We argue that objective indicators are .too objective, as they neglect interindividual differences in preferences, while subjective job satisfaction is .too subjective, as it also reflects differences in aspirations. We propose an alternative measure of job quality in terms of equivalent incomes that does respect individual preferences but rules out aspirations. We illustrate our approach with Flemish data on school-leavers (SONAR) using the information on the .rst job of the 1978 birth cohort. We compare the results for the equivalent income indicator with the results of objective and subjective indicators.
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- 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).
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- Louis Lévy-Garboua & Claude Montmarquette, 2004.
"Reported job satisfaction : What does it mean?,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
- Levy-Garboua, Louis & Montmarquette, Claude, 2004. "Reported job satisfaction: what does it mean?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(2), pages 135-151, April.
- Louis Lévy-Garboua & Claude Montmarquette, 1997. "Reported Job Satisfaction: What Does It Mean?," CIRANO Working Papers 97s-09, CIRANO.
- LEVY-GARBOUA, Louis & MONTMARQUETTE, Claude, 1997. "Reported Job Satisfaction : What Does It Mean?," Cahiers de recherche 9705, Universite de Montreal, Departement de sciences economiques.
- Anna Cristina D'Addio & Tor Eriksson & Paul Frijters, 2007.
"An analysis of the determinants of job satisfaction when individuals' baseline satisfaction levels may differ,"
Taylor & Francis Journals, vol. 39(19), pages 2413-2423.
- Anna Cristina D’Addio & Tor Eriksson & Paul Frijters, 2003. "An Analysis of the Determinants of Job Satisfaction when Individuals’ Baseline Satisfaction Levels May Differ," CAM Working Papers 2003-16, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics.
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