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Do higher wages come at a price?

Bryson, Alex and Barth, Erling and Dale-Olsen, Harald (2012) Do higher wages come at a price? Journal of Economic Psychology, 33 (1). pp. 251-263. ISSN 0167-4870

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Identification Number: 10.1016/j.joep.2011.10.005

Abstract

Using linked employer–employee data for Britain we find that higher wages are associated with higher job satisfaction and higher job anxiety. The association between wages and non-pecuniary job satisfaction disappears with the inclusion of effort measures whereas the positive association between wages and job anxiety remains strong and significant providing no support for a compensating differential explanation, but rather for a ‘gift exchange’ type of reciprocal behaviour. No support is found for the proposition that within-workplace wage differentials are a source of job anxiety.

Item Type: Article
Official URL: http://www.journals.elsevier.com/journal-of-econom...
Additional Information: © 2012 Elsevier B.V.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 29 Aug 2012 13:51
Last Modified: 29 Aug 2012 13:51
URI: http://eprints.lse.ac.uk/id/eprint/45627

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