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Reference-Dependent Preferences and the Impact of Wage Increases on Job Satisfaction: Theory and Evidence

Citations

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Cited by:

  1. K. Pouliakas & I. Theodossiou, 2009. "Confronting Objections To Performance Pay: The Impact Of Individual And Gain‐Sharing Incentives On Job Satisfaction," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(5), pages 662-684, November.
  2. Luis Angeles, 2009. "Adaption and anticipation effects to life events in the United Kingdom," Working Papers 2009_08, Business School - Economics, University of Glasgow.
  3. Matthew Shannon, 2021. "The Impact of Victimisation on Subjective Well-Being," Working Papers 202123, School of Economics, University College Dublin.
  4. Andrew E. Clark, 2016. "Adaptation and the Easterlin Paradox," Creative Economy, in: Toshiaki Tachibanaki (ed.), Advances in Happiness Research, edition 1, chapter 0, pages 75-94, Springer.
  5. repec:hal:pseose:halshs-01112725 is not listed on IDEAS
  6. Battisti, Michele, 2015. "Present-biased preferences and optimal compensation schedules: a note," MPRA Paper 64818, University Library of Munich, Germany.
  7. Steffen Ahrens & Inske Pirschel & Dennis Snower, 2014. "A Theory of Wage Adjustment under Loss Aversion," CESifo Working Paper Series 5127, CESifo.
  8. Andrew E. Clark, 2018. "Four Decades of the Economics of Happiness: Where Next?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(2), pages 245-269, June.
  9. repec:cup:judgdm:v:8:y:2013:i:1:p:74-90 is not listed on IDEAS
  10. Verme, Paolo, 2013. "The relative income and relative deprivation hypotheses : a review of the empirical literature," Policy Research Working Paper Series 6606, The World Bank.
  11. Christian Grund & Maike Rubin, 2017. "Social comparisons of wage increases and job satisfaction," Applied Economics, Taylor & Francis Journals, vol. 49(14), pages 1345-1350, March.
  12. Simon C. Parker & Mirjam Van Praag, 2010. "Group Status and Entrepreneurship," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(4), pages 919-945, December.
  13. Oshio, Takashi & Urakawa, Kunio, 2013. "The association between perceived income inequality and subjective well-being: Evidence from a social survey in Japan," CIS Discussion paper series 579, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  14. Grund, Christian & Martin, Johannes, 2012. "Monetary Reference Points of Managers: An Empirical Investigation of Status Quo Preferences and Social Comparisons," IZA Discussion Papers 7097, Institute of Labor Economics (IZA).
  15. Madhu S. Mohanty, 2018. "Does Positive Attitude Matter Only for Older Workers? Evidence from Simultaneous Estimation of Job Satisfaction, Wage and Positive Attitude in the United States," Journal of Happiness Studies, Springer, vol. 19(8), pages 2373-2404, December.
  16. Christian Grund & Johannes Martin, 2017. "Monetary Reference Points of Managers – Empirical Evidence of Status Quo Preferences and Social Comparisons," Scottish Journal of Political Economy, Scottish Economic Society, vol. 64(1), pages 70-87, February.
  17. Smith, John, 2009. "Cognitive dissonance and the overtaking anomaly: Psychology in the principal-agent relationship," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(4), pages 684-690, August.
  18. Duffy, Sean & Smith, John, 2013. "Preference for increasing wages: How do people value various streams of income?," Judgment and Decision Making, Cambridge University Press, vol. 8(1), pages 74-90, January.
  19. Laszlo Goerke, 2020. "An Efficiency-Wage Model with Habit Concerns about Wages," CESifo Working Paper Series 8428, CESifo.
  20. Ockenfels, Axel & Sliwka, Dirk & Werner, Peter, 2015. "Timing of kindness – Evidence from a field experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 111(C), pages 79-87.
  21. Sait Bayrakdar & Andrew King, 2022. "Job Satisfaction and Sexual Orientation in Britain," Work, Employment & Society, British Sociological Association, vol. 36(1), pages 21-39, February.
  22. Sarah Holly & Alwine Mohnen, 2012. "Impact of Working Hours on Work-Life Balance," SOEPpapers on Multidisciplinary Panel Data Research 465, DIW Berlin, The German Socio-Economic Panel (SOEP).
  23. Christian Pfeifer, 2009. "Adjustment of Deferred Compensation Schemes, Fairness Concerns, and Hiring of Older Workers," Working Paper Series in Economics 151, University of Lüneburg, Institute of Economics.
  24. Diriwaechter, Patric & Shvartsman, Elena, 2018. "The anticipation and adaptation effects of intra- and interpersonal wage changes on job satisfaction," Journal of Economic Behavior & Organization, Elsevier, vol. 146(C), pages 116-140.
  25. Sliwka, Dirk & Werner, Peter, 2016. "How Do Agents React to Dynamic Wage Increases? An Experimental Study," IZA Discussion Papers 9855, Institute of Labor Economics (IZA).
  26. Duffy, Sean & Smith, John & Woods, Kristin, 2015. "How does the preference for increasing payments depend on the size and source of the payments?," MPRA Paper 64212, University Library of Munich, Germany.
  27. John Smith, 2009. "Imperfect Memory and the Preference for Increasing Payments," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(4), pages 684-700, December.
  28. Karen Leppel, 2014. "Does Job Satisfaction Vary with Sexual Orientation?," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 53(2), pages 169-198, April.
  29. Laszlo Goerke, 2021. "Habit formation and wage determination," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 61-76, January.
  30. Pouliakas, Konstantinos & Theodossiou, Ioannis, 2005. "Socio-Economic Differences in the Satisfaction of High-Pay and Low-Pay Jobs in Europe," MPRA Paper 16733, University Library of Munich, Germany, revised 10 Aug 2009.
  31. Grund, Christian & Minten, Axel & Toporova, Nevena, 2017. "The Motivation of Temporary Agency Workers: An Empirical Analysis," IZA Discussion Papers 11229, Institute of Labor Economics (IZA).
  32. Pfeifer, Christian, 2009. "An Intra-Firm Perspective on Wage Profiles and Employment of Older Workers with Special Reference to Human Capital and Deferred Compensation," Hannover Economic Papers (HEP) dp-413, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  33. Ferrada, Luz María, 2017. "Job satisfaction in Chile: geographic determinants and differences," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
  34. Ehsan Latif, 2015. "Happiness Adaptation to Income: Evidence from Canada," Economics Bulletin, AccessEcon, vol. 35(3), pages 1477-1487.
  35. Jennifer C. Smith, 2015. "Pay Growth, Fairness, and Job Satisfaction: Implications for Nominal and Real Wage Rigidity," Scandinavian Journal of Economics, Wiley Blackwell, vol. 117(3), pages 852-877, July.
  36. Takashi Oshio & Kunio Urakawa, 2014. "The Association Between Perceived Income Inequality and Subjective Well-being: Evidence from a Social Survey in Japan," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 116(3), pages 755-770, May.
  37. Oshio, Takashi & 小塩, 隆士 & Umeda, Maki & 梅田, 麻希 & Fujii, Mayu & 藤井, 麻由, 2012. "The association between income dynamics and subjective well-being: Evidence from career income records in Japan," CIS Discussion paper series 564, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  38. Oshio, Takashi & Umeda, Maki & Fujii, Mayu, 2013. "The association of life satisfaction and self-rated health with income dynamics among male employees in Japan," Japan and the World Economy, Elsevier, vol. 28(C), pages 143-150.
  39. Luis Angeles, 2008. "Adaption or social comparison? The effects of income on happiness," Working Papers 2009_09, Business School - Economics, University of Glasgow, revised Jun 2009.
  40. Anthony Lepinteur, 2021. "The asymmetric experience of gains and losses in job security on health," Health Economics, John Wiley & Sons, Ltd., vol. 30(9), pages 2217-2229, September.
  41. Romina Gambacorta & Maria Iannario, 2013. "Measuring Job Satisfaction with CUB Models," LABOUR, CEIS, vol. 27(2), pages 198-224, June.
  42. Drakopoulos, Stavros A. & Grimani, Katerina, 2015. "The Effect of Pay Cuts on Psychological Well-Being and Job Satisfaction," MPRA Paper 61195, University Library of Munich, Germany.
  43. Gennaro Punzo & Rosalia Castellano & Mirko Buonocore, 2018. "Job Satisfaction in the “Big Four” of Europe: Reasoning Between Feeling and Uncertainty Through CUB Models," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 139(1), pages 205-236, August.
  44. José Antonio Robles-Zurita, 2015. "Valuation of Safety under Reference-Dependent Evaluation of Income," Working Papers 15.03, Universidad Pablo de Olavide, Department of Economics.
  45. Hammermann, Andrea & Mohnen, Alwine, 2012. "Who Benefits from Benefits? Empirical Research on Tangible Incentives," IZA Discussion Papers 6284, Institute of Labor Economics (IZA).
  46. Smith, Jennifer C., 2013. "Pay Growth, Fairness and Job Satisfaction: Implications for Nominal and Real Wage Rigidity," Economic Research Papers 270540, University of Warwick - Department of Economics.
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