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Titre Les équations hédoniques de salaire et la perception subjective des conditions de travail
Auteur Juan A. Cañada Vicinay
Mir@bel Revue Economie et prévision
Numéro no 131, 1997/5
Rubrique / Thématique
Contributions à la nouvelle économie géographique
Page 155-174
Résumé anglais Wage Equations and Subjective Perceptions of Working Conditions: a Cross-Sectional Approach Using French Data by Jaun A. Canada Vicinay With the poor results of cross-sectional estimates of hedonic wage equations in mind, this paper develops a two-way model. It distinguishes job characteristics according to workers' objective and subjective perceptions of their working conditions and then introduces the market segmentation that limits the possibilities for the differences to be compensated through mobility. By modelling these two aspects, we can formulate and correct the biases arising from subjectivity and mismatches. The first bias stems from the workers' state of mind. Indeed, the more one dislikes one's job, the more one finds its disagreeable and unhealthy aspects oppressive and difficult to bear. The second bias stems from workers being segregated into jobs where harsh working conditions are not compensated for by higher pay. The new findings are in full agreement with the theoretical proposals put forward.
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