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Job Satisfaction of Spanish University Graduates
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This paper investigates the determinants of job satisfaction of university graduates in Spain. We base our analysis on Locke"s discrepancy theory [Locke (1969)] and decompose subjective evaluation of job characteristics into surplus and deficit levels. We also study the importance of overeducation and over-skilling on job satisfaction. We use REFLEX data, a survey of university graduates. We conclude that job satisfaction is mostly determined by the subjective evaluation of intrinsic job characteristics, with an asymmetric impact of surpluses and deficits. Over-skilling is much more important than over-education in explaining the job satisfaction of university graduates, although the latter is also significant.
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KUCEL, Aleksander and VILALTA-BUFÍ, Montserrat. Job Satisfaction of Spanish University Graduates. Revista de Economia Aplicada. 2013. Vol. XXI, num. 61, pags. 29-55. ISSN 1133-455X. [consulted: 16 of June of 2026]. Available at: https://hdl.handle.net/2445/57311