TY - RPRT AU - Chongvilaivan, Aekapol AU - Powdthavee, Nattavudh TI - And I Will Try to Fix You: A Study of Heterogeneity in Job Satisfaction with Implications for Flexible Employment Contracts PY - 2011/Jul/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 5868 UR - https://www.iza.org/publications/dp5868 AB - This paper is an empirical study of slope heterogeneity in job satisfaction. It provides evidence from the generalized ordered probit models that different job characteristics tend to have different distributional impacts on the overall job satisfaction. For instance, standard models tend to significantly underestimate the effects of monthly salary and hours worked at generating the "highly" satisfied workers, whilst lowering the incidence of the "very dissatisfied" workers. Although our results should be viewed as illustrative, we provide discussions of their potential implications for employers and they could help with the design of employment contracts. KW - employment contract KW - generalized ordered probit KW - job satisfaction KW - salary KW - heterogeneity KW - work-life balance ER -