{"title":"Who is satisfied with their pay? Evidence from the Russian Longitudinal Monitoring Survey","authors":"Anastasia Dubnovitskaya","doi":"10.22394/1993-7601-2021-64-49-69","DOIUrl":null,"url":null,"abstract":"This study is to shed more light on the relation of pay satisfaction with the average wages of individuals with the same characteristics and the deviation of the actual wages from that average (a.k.a. social comparison). The study reveals that social comparison plays a greater role in determining pay satisfaction than mere pay amount. The contribution of both factors to pay satisfaction is fairly stable and does not exhibit any drastic changes from 2002 to 2019. The deviation of actual wages from the average level contributes twice as much as the reference group average into the individual’s pay satisfaction.","PeriodicalId":8045,"journal":{"name":"Applied Econometrics","volume":"1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Applied Econometrics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.22394/1993-7601-2021-64-49-69","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 1
Abstract
This study is to shed more light on the relation of pay satisfaction with the average wages of individuals with the same characteristics and the deviation of the actual wages from that average (a.k.a. social comparison). The study reveals that social comparison plays a greater role in determining pay satisfaction than mere pay amount. The contribution of both factors to pay satisfaction is fairly stable and does not exhibit any drastic changes from 2002 to 2019. The deviation of actual wages from the average level contributes twice as much as the reference group average into the individual’s pay satisfaction.
Applied EconometricsEconomics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)
CiteScore
0.70
自引率
0.00%
发文量
0
期刊介绍：
The Journal of Applied Econometrics is an international journal published bi-monthly, plus 1 additional issue (total 7 issues). It aims to publish articles of high quality dealing with the application of existing as well as new econometric techniques to a wide variety of problems in economics and related subjects, covering topics in measurement, estimation, testing, forecasting, and policy analysis. The emphasis is on the careful and rigorous application of econometric techniques and the appropriate interpretation of the results. The economic content of the articles is stressed. A special feature of the Journal is its emphasis on the replicability of results by other researchers. To achieve this aim, authors are expected to make available a complete set of the data used as well as any specialised computer programs employed through a readily accessible medium, preferably in a machine-readable form. The use of microcomputers in applied research and transferability of data is emphasised. The Journal also features occasional sections of short papers re-evaluating previously published papers. The intention of the Journal of Applied Econometrics is to provide an outlet for innovative, quantitative research in economics which cuts across areas of specialisation, involves transferable techniques, and is easily replicable by other researchers. Contributions that introduce statistical methods that are applicable to a variety of economic problems are actively encouraged. The Journal also aims to publish review and survey articles that make recent developments in the field of theoretical and applied econometrics more readily accessible to applied economists in general.
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