Job satisfaction and preference drift

Wim Groot*, Henriëtte Maassen van den Brink

*Corresponding author for this work

    Research output: Contribution to journalArticleAcademicpeer-review

    Abstract

    Most empirical studies do not find that higher wages lead to more job satisfaction. In this paper we argue that the insignificant effect of wages on job satisfaction is due to preference drift. We adapt the standard ordered response model to allow for preference shifts. The empirical results support the hypothesis of preference drift in job satisfaction.
    Original languageEnglish
    Pages (from-to)363-367
    Number of pages5
    JournalEconomics Letters
    Volume63
    Issue number3
    DOIs
    Publication statusPublished - 1999

    Keywords

    • adaptation
    • j28
    • jel classification
    • job satisfaction
    • wages

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