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Analysis of Job Satisfaction: The Case of Japanese Private Companies

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Title: Analysis of Job Satisfaction: The Case of Japanese Private Companies
Authors: Hasegawa, Hikaru Browse this author →KAKEN DB
Ueda, Kazuhiro Browse this author →KAKEN DB
Keywords: Markov chain Monte Carlo
multivariate ordered probit model
non-pecuniary aspects of jobs
regular and non-regular employees
Issue Date: Mar-2016
Publisher: John Wiley & Sons Ltd
Journal Title: Labor
Volume: 30
Issue: 1
Start Page: 109
End Page: 134
Publisher DOI: 10.1111/labr.12064
Abstract: The scope of economic theory expands if we consider that working provides people with both pecuniary compensation for its disutility and job satisfaction. This study empirically analyzes the job satisfaction of employees in Japanese private companies using a multivariate ordered probit model. In particular, we examine the effects of a big economic shock, such as the Lehman shock, on job satisfaction, as well as the effects of differences in gender and employment status. We estimate the model using a Bayesian analysis and a multivariate ordered probit model using the Markov chain Monte Carlo method. We show that non-pecuniary aspects of jobs play an important role in job satisfaction.
Rights: This is the peer reviewed version of the following article: Analysis of Job Satisfaction: The Case of Japanese Private Companies, which has been published in final form at https://doi.org/10.1111/labr.12064. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.
Type: article (author version)
URI: http://hdl.handle.net/2115/68393
Appears in Collections:経済学院・経済学研究院 (Graduate School of Economics and Business / Faculty of Economics and Business) > 雑誌発表論文等 (Peer-reviewed Journal Articles, etc)

Submitter: 長谷川 光

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