Cotofan, Maria and Cassar, Lea and Dur, Robert and Meier, Stephan (2023) Macroeconomic Conditions When Young Shape Job Preferences for Life. REVIEW OF ECONOMICS AND STATISTICS, 105 (2). pp. 467-473. ISSN 0034-6535, 1530-9142
Full text not available from this repository.Abstract
Preferences for monetary and nonmonetary job attributes are important for understanding workers' motivation and the organization of work. Little is known, however, about how those job preferences are formed. We study how macroeconomic conditions when young shape workers' job preferences for life. Using variation in income-per-capita across U.S. regions and over time since the 1920s, we find that job preferences vary in systematic ways with experienced macroeconomic conditions during young adulthood. Recessions create cohorts of workers who give higher priority to income, whereas booms make cohorts care more about job meaning for the rest of their lives.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | LABOR-MARKET; WORK; RECESSION; INFERENCE; AMERICAN; VALUES; |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Empirische Wirtschaftsforschung - Prof. Lea Cassar |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 14 Mar 2024 11:56 |
| Last Modified: | 14 Mar 2024 11:56 |
| URI: | https://pred.uni-regensburg.de/id/eprint/60108 |
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