Becoming (un)employed and life satisfaction: Asymmetric effects and potential omitted variable bias in empirical happiness studies

Becoming unemployed has negative effects on life satisfaction; a transition from unemployment to employment, however, has only small positive effects. This asymmetry indicates a potential omitted variable bias in previous empirical happiness studies, with the consequence of underesti-mated effects of unemployment on life satisfaction. There are also gender-specific effects of asymmetry.

MoreLess

Year of publication:	2011
Authors:	Maennig, Wolfgang ; Wilhelm, Markus
Publisher:	Hamburg : University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
Subject:	Happiness \| life satisfaction \| asymmetric effect \| labour status \| employment \| unemployment

freely available

Full text |

More access options

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

More details

Series:	Hamburg Contemporary Economic Discussions ; 41
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
ISBN:	978-3-940369-97-0
Other identifiers:	667578846 [GVK] hdl:10419/49095 [Handle] RePEc:hce:wpaper:041 [RePEc]
Classification:	I31 - General Welfare; Basic Needs; Quality of Life ; J01 - Labor Economics: General ; Z13 - Social Norms and Social Capital
Source:	EconStor

Persistent link: https://www.econbiz.de/10010332593