Job satisfaction and compensating wage differentials: Evidence from Russia

Francesco Bartolucci, Giovanni Bruno (), Olga Demidova and Marcello Signorelli

CESifo Economic Studies, 2017, vol. 63, issue 3, 333-351

Abstract: This article is focused on the analysis of the determinants of job satisfaction of Russian workers through the estimation of ordered logit models with individual fixed effects on a panel data set extracted from the Russian Longitudinal Monitoring Survey. The real wage results positively associated with job satisfaction on all samples considered, after controlling for several time-varying controls aimed at picking up time-varying human capital, preferences, and non-instantaneous equilibrium adjustments. As long as the included controls capture all the heterogeneous trends in individual wages, we may interpret this result as a possible failure of the theory of compensating wage differentials in the Russian labour market.

Keywords: job satisfaction; Russia (search for similar items in EconPapers)
JEL-codes: J28 J81 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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