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The anticipation and adaptation effects of intra- and interpersonal wage changes on job satisfaction

Elena Shvartsman and Patric Diriwächter

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: This paper analyses how individual job satisfaction is affected by wage changes. In order to account for potential dynamic effects of wage changes on job satisfaction, we include lead and lag effects of income changes in our analysis. Furthermore, we examine the role of social comparisons, i.e., how an individual’s job satisfaction is driven not only by changes in his wages, but also by the size of these changes relative to wage changes within his reference group.

JEL-codes: J28 M50 M52 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-cta
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https://www.econstor.eu/bitstream/10419/168107/1/VfS-2017-pid-2276.pdf (application/pdf)

Related works:
Journal Article: The anticipation and adaptation effects of intra- and interpersonal wage changes on job satisfaction (2018) Downloads
Working Paper: The anticipation and adaptation effects of intra- and interpersonal wage changes on job satisfaction (2016) Downloads
Working Paper: The Anticipation and Adaptation Effects of Intra- and Interpersonal Wage Changes on Job Satisfaction (2016) Downloads
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