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Table 3 Job satisfaction after a job quit

From: Repeated job quits: stepping stones or learning about quality?

I. JS t - FIXED EFFECTS ORDERED LOGIT RESULTS

A. Baseline

  

Q

 

0.705 (0.051)**

log L = − 15700.81

B. Including total number of quits sofar

  

Q

 

0.745 (0.088)**

Total number of quits

 

0.312 (0.028)**

Q * Total number of quits

 

-0.090 (0.043)**

log L = − 15637.32

II. P(JS t  < JS t −1 ) - FIXED EFFECTS LOGIT RESULTS

Q

 

-1.621 (0.385)**

J S t−1

 

1.304 (0.022)**

Q∗J St−1

 

0.185 (0.067)**

log L = − 11911.56

  1. Note: Dependent variable is job satisfaction (J S t ; 1 - 7) in Part I and the probability of a reduction in job satisfaction (P(J S t  < J St−1)) in Part II. Other explanatory variables included in the estimation are tenure and its squared value, age and its squared value, log of hours worked, log of hourly wage, and dummies for marital status, education level, industry, occupation, firm size, health, temporary job, and calendar year; standard errors in parentheses; a ** (*) indicates that the coefficient is different from zero at a 5% (10%) level of significance. Analysis is based on 35242 observations.
  2. Source: BHPS.