Resource title

The Impact of Wage Increases on Job Satisfaction: Empirical Evidence and Theoretical Implications

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Resource description

The impact of wage increases on job satisfaction are explored. First, it is empirically established that current job satisfaction rises with absolute wage level as well as with wage increases. Second, a basic job satisfaction function is constructed based on the empirical results, and theoretical implications are analysed. It is shown that the myopic maximisation of such a function directly implies increasing and concave shaped age-earnings profiles.

Resource author

Christian Grund, Dirk Sliwka

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/21247

Resource license

Adapt according to the presented license agreement and reference the original author.