Job satisfaction and preference drift

Citation
W. Groot et Hm. Van Den Brink, Job satisfaction and preference drift, ECON LETT, 63(3), 1999, pp. 363-367
Citations number
13
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
63
Issue
3
Year of publication
1999
Pages
363 - 367
Database
ISI
SICI code
0165-1765(199906)63:3<363:JSAPD>2.0.ZU;2-9
Abstract
Most empirical studies do not find that higher wages lead to more job satis faction. In this paper we argue that the insignificant effect of wages on j ob satisfaction is due to preference drift. We adapt the standard ordered r esponse model to allow for preference shifts. The empirical results support the hypothesis of preference drift in job satisfaction. (C) 1999 Elsevier Science S.A. All rights reserved.