(1.School of Economics, DUFE , Liaoning Dalian 116025;2.Center for Econometric Analysis and Forecasting, DUFE, Liaoning Dalian 116025)
Abstract: This study attempts to analyze the different effects of long term contract and perceived job security on the workers’ job satisfaction, using POLS method based on CLDS data in 2012 and in 2014. It is found that the perceived job security improves evidently the workers’ job satisfaction, while long term contract has no obvious effect on it. The disaggregation of the samples of workers according to their household registration - hukou - shows no variation in this conclusion either for urban hukou workers or for rural hukou workers. While long term contract has some positive effect on the workers’ job satisfaction, it is far less than that produced by perceived job security. Therefore, positive labor market policies must be adopted to increase workers’ perceived job security, if the impact of labor market flexibility on the workers’ welfare is to be lessened.
Key words: job satisfaction; long term contract; perceived job security; POLS