Effects of positive attitude on earnings: Evidence from the US longitudinal data

Mohanty, Madhu S.
March 2009
Journal of Socio-Economics;Mar2009, Vol. 38 Issue 2, p357
Academic Journal
Abstract: To examine whether or not the worker''s attitude to life affects his/her earnings, this study estimates wage equations with positive attitude as an explanatory variable under different econometric specifications. The results obtained from both cross-sectional and panel data confirm that positive and optimistic attitude to life influence the worker''s wages positively, and that the magnitude of this effect is comparable to or even higher than the individual effects of the standard human capital variables on earnings. The study further demonstrates that in addition to its direct effects, positive attitude also affects earnings indirectly through its effects on schooling.


Related Articles

  • THE EFFECT OF HUMAN CAPITAL AND LABOR MARKET SEGMENTS ON RETIREMENT INCOME: A POLICY ANALYSIS. Maxwell, Nan L. // Social Science Quarterly (University of Texas Press);Mar1986, Vol. 67 Issue 1, p53 

    This study explores the effects of human capital accumulation and segmental career trajectories on retirement income. Results indicate that human capital influences level of retirement income while segmental institutions influence the source of retirement income and postretirement employment....

  • IS THERE A HUMAN CAPITAL APPROACH TO INCOME INEQUALITY? Lucas, Robert E. B. // Journal of Human Resources;Summer77, Vol. 12 Issue 3, p387 

    The article questions the adequacy of the human capital earnings function for identifying the forces affecting earnings determination and for predicting earnings dispersion. The traditional derivation of these earning equations had no connection with any market process. The loanable-fund concept...

  • Career interruptions and subsequent earnings: A reexamination Using Swedish Data. Albrecht, James W.; Edin, Per-Anders; Sundstöm, Marianne; Vroman, Susan B. // Journal of Human Resources;Spring99, Vol. 34 Issue 2, p294 

    This paper reexamines the link between career interruptions and subsequent wages. Using a rich new Swedish data set, the authors are able to disaggregate time out of work into several components. In both cross-sectional and panel estimations, regressing log wages on total time out results in a...

  • Respect for people. Kenny, Jack // Label & Narrow Web;Jul/Aug2009, Vol. 14 Issue 5, p6 

    The article reflects on the article written by Tom Southworth on the significance of workforce to companies in the U.S. The author mentions that despite the importance of employees to the success and improvement of business enterprises, there are still many firms that failed to value their labor...

  • TALKING POINT. Crabb, Steve // People Management;10/9/2003, Vol. 9 Issue 20, p5 

    Introduces a series of articles on human resource management published in the October 2003 issue of "People Management."

  • HRePARTNERS, AN E-GOV PARTNERING SUCCESS. Mueller, Mike // Public Management (00333611);May2004, Vol. 86 Issue 4, p20 

    Delves into the issue of applying for various positions in Sedgwick County, Kansas through the human resources division. Partnerships with other local governments to develop and share solutions; Design of an electronic application form that could be used by multiple employers and an application...

  • It's about creativity, productivity and cold, hard cash. Solnik, Claude // Long Island Business News (7/1993 to 5/2009);6/22/2007, Vol. 54 Issue 27, p7B 

    The article provides information concerning the issue on human resources within companies in Long Island, New York. To avoid unfortunate developments, more companies are turning to methods that often take only hours and could greatly reduce the acrimony and inherent underproductivenes of court...

  • Strategic Management of Human Capital Development on Employees Performance in Nigeria Cements Sector. Omoluabi, Ehis; Akintunde, Olufemi // Acta Universitatis Danubius: Oeconomica;2013, Vol. 9 Issue 6, p28 

    The synopsis of strategic management of human capital development on employees performance in Nigeria cement sector, emphasize the relative roles of strategic management of human capital development in the Nigerian cement sector. The paper discuss number of factors that contributes to the...

  • Building Human Capital Through Education. Anderson, Gary A.; Keys, James D. // Journal of Legal Economics;Feb2007, Vol. 14 Issue 1, p49 

    This research extends the substantial literature addressing the contribution of education to an individual's income, it is limited to the present value analysis of the after tax difference of incomes for high school graduates and college graduates. Unlike prior research, tax adjustments are...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics