Overpayment and earnings satisfaction : an application of an ordered tobit model

Jazyk:	angličtina
Rok vydání:	1999
Předmět:	MGS Household and Consumer Studies Huishoudstudies
Zdroj:	Applied Economics Letters. 6(4):235-238
ISSN:	1350-4851
DOI:	10.1080/135048599353410
Popis:	In this paper an ordered response Tobit model is specified to determine the effects of absolute wages and relative overpayment on satisfaction with earnings. The joint estimations of wages and satisfaction with earnings allows us to disentangle the effects of relative and absolute wages on satisfaction with earnings. The model is estimated on two different data sets. All estimations show that satisfaction with earnings is determined by relative wages rather than by absolute wage levels. The results may have implications for pay policies of firms
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=dris___00893::1d336ef2dc443e8f7f6ae9678a99afb2 https://doi.org/10.1080/135048599353410 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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