Job satisfaction and preference drift.
| Authors |
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| Publication date |
1999
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| Journal |
Economics Letters
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| Volume | Issue number |
63 | 3
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| Pages (from-to) |
363-367
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| Organisations |
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Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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Faculty of Economics and Business (FEB)
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| Abstract |
Most empirical studies do not find that higher wages lead to more job satisfaction. In this paper we argue that the insignificant effect of wages on job satisfaction is due to preference drift. We adapt the standard ordered response model to allow for preference shifts. The empirical results support the hypothesis of preference drift in job satisfaction.
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| Document type |
Article
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| Published at |
https://doi.org/10.1016/S0165-1765(99)00053-1
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