The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...

The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...

The Motivational Theory of Life-Span Development (MTD) identifies motivational and self-regulatory strategies that people use to meet the challenges they face throughout life. The theory distinguishes control strivings related to goal engagement from those related to goal disengagement and goal...