Job satisfaction and the individual educational level, re-assessing their relationship
Marisa Bucheli (),
Natalia Melgar (),
Maximo Rossi () and
Tom W. Smith
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Natalia Melgar: Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República
Tom W. Smith: NORC, University of Chicago
No 1110, Documentos de Trabajo (working papers) from Department of Economics - dECON
We examine the factors that shape job satisfaction and in particular, the direct and indirect effects of the educational level. Our motivation is based on extending a large body of researches that is focused on private sector data by employing a larger and widely heterogeneous set of micro-data and by including non-linear effects and indirect effects of education. Our dataset includes 25 countries and it comes from the 2007 survey carried out by the International Social Survey Program. We estimate a probit model which includes country-effects in order to control for specific environmental factors. Findings indicate that job satisfaction is negatively related to being male, living in a big city, the number of worked hours per week, and not being self-employed. We also find that age registers a non-linear impact and we provide evidence that individual educational level shows a positive effect but with a decreasing growth rate and also an indirect effect through earned income.
Keywords: job satisfaction; cross-country research (search for similar items in EconPapers)
JEL-codes: J28 J81 I31 Z13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis, nep-hap, nep-lab, nep-lam and nep-soc
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