Job satisfaction and co-worker wages: status or signal?
Andrew E. Clark
- Fonction : Auteur
- PersonId : 742286
- IdHAL : andrew-clark
- ORCID : 0000-0001-7004-7654
- IdRef : 035800070
Résumé
We use matched employer-employee panel data to show that individual job satisfaction is higher when other workers in the same establishment are better-paid. This runs counter to substantial existing evidence of income comparisons in subjective well-being. We argue that the difference hinges on the nature of the reference group. Here we use co-workers. Their earnings not only induce jealousy but also provide a signal about the worker's own future earnings. In our data, this positive future earnings signal outweighs any negative status effect. This phenomenon is stronger for men and in the private sector but weaker for those nearer retirement.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Job satisfaction and co-worker wages: status or signal?
|
Résumé |
en
We use matched employer-employee panel data to show that individual job satisfaction is higher when other workers in the same establishment are better-paid. This runs counter to substantial existing evidence of income comparisons in subjective well-being. We argue that the difference hinges on the nature of the reference group. Here we use co-workers. Their earnings not only induce jealousy but also provide a signal about the worker's own future earnings. In our data, this positive future earnings signal outweighs any negative status effect. This phenomenon is stronger for men and in the private sector but weaker for those nearer retirement.
|
Auteur(s) |
Andrew E. Clark
1, 2, 3, 4
, Nicolai Kristensen
3
, Niels Westergaard-Nielsen
3, 4
1
PJSE -
Paris-Jourdan Sciences Economiques
( 1312 )
- 48 boulevard Jourdan 75014 Paris
- France
2
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
3
IZA -
Institute for the Study of Labor
( 142142 )
- Allemagne
4
Aarhus University [Aarhus]
( 19908 )
- Nordre Ringgade 1 DK-8000 Aarhus C
- Danemark
|
Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Langue du document |
Anglais
|
Nom de la revue |
|
Audience |
Non spécifiée
|
Date de publication |
2009-03
|
Volume |
119
|
Numéro |
536
|
Page/Identifiant |
430-447
|
Domaine(s) |
|
DOI | 10.1111/j.1468-0297.2008.02236.x |
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