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Do Higher Wages Come at a Price?

Alex Bryson

No 371, National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research

Abstract: Job satisfaction and job anxiety are negatively correlated. Still, using linked employer-employee data for Britain, we find that higher wages are associated with higher job satisfaction and higher job anxiety. While the association between higher wages and job anxiety is robust to the inclusion of effort controls, the association between non pecuniary job satisfaction and wages is not. Co-workers' mean wages are positively associated with pay satisfaction, negatively associated with non-pecuniary job satisfaction but they are not associated with job anxiety. Thus there is no support for the proposition that within-workplace wage differentials are a source of job anxiety.

Date: 2010-11
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Citations: View citations in EconPapers (12)

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Journal Article: Do higher wages come at a price? (2012) Downloads
Working Paper: Do Higher Wages Come at a Price? (2010) Downloads
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