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Teaching econometrics with data on coworker salaries and job satisfaction

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  • Easton, Todd

Abstract

Recent research studied how relative salary affects job satisfaction. It gave a random sample of University of California employees information about their coworkers’ salaries and estimated the effect of this information on job satisfaction. This article suggests ways the dataset created by this research can be used in econometrics and statistics classes. It provides examples using these data to calculate frequency distributions, contingency tables, Chi-square tests, and linear probability models. It also explains how these examples can be used productively in class.

Suggested Citation

  • Easton, Todd, 2020. "Teaching econometrics with data on coworker salaries and job satisfaction," International Review of Economics Education, Elsevier, vol. 34(C).
    • Handle: RePEc:eee:ireced:v:34:y:2020:i:c:s1477388020300050
    DOI: 10.1016/j.iree.2020.100178
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    References listed on IDEAS

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    1. Petri Böckerman & Pekka Ilmakunnas, 2012. "The Job Satisfaction-Productivity Nexus: A Study Using Matched Survey and Register Data," ILR Review, Cornell University, ILR School, vol. 65(2), pages 244-262, April.
    2. David Card & Alexandre Mas & Enrico Moretti & Emmanuel Saez, 2012. "Inequality at Work: The Effect of Peer Salaries on Job Satisfaction," American Economic Review, American Economic Association, vol. 102(6), pages 2981-3003, October.
    3. Horrace, William C. & Oaxaca, Ronald L., 2006. "Results on the bias and inconsistency of ordinary least squares for the linear probability model," Economics Letters, Elsevier, vol. 90(3), pages 321-327, March.
    4. David Card & Alex Mas & Enrico Moretti & Emmanuel Saez, 2010. "Inequality at Work: The Effect of Peer Salaries on Job Satisfaction," Working Papers 1269, Princeton University, Department of Economics, Industrial Relations Section..
    5. William E. Becker & William H. Greene, 2001. "Teaching Statistics and Econometrics to Undergraduates," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 169-182, Fall.
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    Cited by:

    1. Cladera, Magdalena, 2021. "Assessing the attitudes of economics students towards econometrics," International Review of Economics Education, Elsevier, vol. 37(C).
    2. Mendez-Carbajo, Diego & Dellachiesa, Alejandro, 2023. "Choice of data visualization tool: FRED or spreadsheets?," International Review of Economics Education, Elsevier, vol. 44(C).

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