Human capital, matching and job satisfaction
Barmby, Tim ; Bryson, Alex ; Eberth, Barbara
London School of Economics and Political Science. Centre for Economic Performance
LSE - London
2012
6 p.
human capital ; job satisfaction ; labour market
CEP Discussion Paper
1151
Personnel management
English
Bibliogr.
"Using a model of wage determination developed by Stevens (2003) we offer an explanation of why tenure has a negative effect when entered in job satisfaction equations. If job satisfaction measures match quality, then the explanation follows from a model of the labour market in which workers accumulate specific human capital at the firm they work and the way in which this accumulation affects the way workers react to outside job opportunities."
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