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Source: Journal of Behavioral and Experimental Economics
Resulting in 2 citations.
1. Mohanty, Madhu Sudan
Effects of Job Satisfaction on the Worker's Wage and Weekly Hours: A Simultaneous Equations Approach
Journal of Behavioral and Experimental Economics 79 (April 2019): 27-42.
Also: https://www.sciencedirect.com/science/article/pii/S2214804318300831
Cohort(s): NLSY79
Publisher: Elsevier
Keyword(s): Job Satisfaction; Wages; Work Hours

The current study examines the effects of job satisfaction on the worker's weekly wage and hours. Under the assumption that these three variables may be simultaneously related, the study estimates wage, weekly hours and job satisfaction equations in a simultaneous equations framework by a two-stage procedure. Using three separate samples from the NLSY79, the study demonstrates that, regardless of the age of the worker, weekly wage is positively related to job satisfaction. The relation between weekly hours and job satisfaction, however, is not uniform among workers of all age-groups. Hours are related to job satisfaction positively when workers are younger or when they are mature adults and negatively when they are middle-age adults. Interestingly, weekly wage and weekly hours are found to be statistically insignificant in most job satisfaction equations, whereas job satisfaction emerges as a significant covariate in both wage and hours equations. This recursive relationship among these three variables indicates that job satisfaction may in fact influence wage and weekly hours in a causal sense. Since computationally tractable formulas for the corrected asymptotic variance-covariance matrices of the proposed two-stage estimators are not available in the literature, the study derives them for the benefit of econometrics practitioners.
Bibliography Citation
Mohanty, Madhu Sudan. "Effects of Job Satisfaction on the Worker's Wage and Weekly Hours: A Simultaneous Equations Approach." Journal of Behavioral and Experimental Economics 79 (April 2019): 27-42.
2. Sansale, Rebecca
DeLoach, Stephen B.
Kurt, Mark
Unemployment Duration and the Personalities of Young Adult Workers
Journal of Behavioral and Experimental Economics published online (5 January 2019): DOI: 10.1016/j.socec.2019.01.002.
Also: https://www.sciencedirect.com/science/article/pii/S2214804318302325
Cohort(s): NLSY97
Publisher: Elsevier
Keyword(s): Personality/Big Five Factor Model or Traits; Unemployment Duration

As in many countries, young adult workers in the United States have experienced tremendous employment volatility in recent years. In this paper, we examine the role personality plays in determining the duration of unemployment among young adults in the United States between 2008 and 2015. Evidence from estimation of a Competing Risks Model shows that when faced with unemployment, conscientious individuals are significantly more likely to find employment. Individuals scoring higher in neuroticism are more likely to leave the workforce and less likely to go back to school, while more agreeable individuals are more likely to go back to school. Because personality remains malleable for young adults, these results have implications for the literature related to job-search behavior as well as for educational and job-training programs.
Bibliography Citation
Sansale, Rebecca, Stephen B. DeLoach and Mark Kurt. "Unemployment Duration and the Personalities of Young Adult Workers." Journal of Behavioral and Experimental Economics published online (5 January 2019): DOI: 10.1016/j.socec.2019.01.002.