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Reported job satisfaction: what does it mean

By Louis Lévy-garboua and Claude Montmarquette


We emphasize the major influences of experienced utility gaps or regret, i.e. the difference between what happened and what might have happened, on job satisfaction. The main prediction that we test is that job satisfaction correlates with the wage gaps experienced in the past and present, holding other job-related satisfactions constant, with the possible exception of young workers. We further test that this effect of wage gaps on job satisfaction declines with working experience. We find evidence on a Canadian cross-section that the past matters. JEL: J28, C25

Topics: Job Satisfaction, experienced wage gaps. Acknowledgments, The authors thank Sophie Masheredjian for her assistance in conducting this research
Year: 1999
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