Whereas preferences of consumers are a cornerstone of market economies, preferences of employees e.g. regarding the preferred amount of paid labour are mostly not. However, we find strong evidence that differences between aspired and actually worked weekly hours have a serious negative impact on...

Self-reported satisfaction measures respond to a great variety of socio-demographic characteristics as well as the job and living environment. In this paper we ask whether the recent financial market crisis has caused a deterioration of satisfaction not only for the unemployed but also for those...