Garza, Adrian de la; Mastrobuoni, Giovanni; Sannabe, Atsushi - Collegio Carlo Alberto, Università degli Studi di Torino - 2010
This article uses survey data of 90,000 union employees working in 62 publicly-traded companies in Japan between 1990 and 2004 to study the effect of both own and self-reported reference wages on workers' subjective well-being levels. The availability of self-reported reference wages generates...
