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Bureaucratic Rents and Life Satisfaction
Luechinger, Simon; Meier, Stephan; Stutzer, Alois - Institute for the Study of Labor (IZA) - 2006
rents. Those rents can involve higher wages, monetary and non-monetary fringe benefits (e.g. pensions and staffing), and …/or bribes. We propose a direct measure to capture the total of these rents: the difference in reported subjective wellbeing … extent of rents in the public bureaucracy. The extent of rents is determined by differences in institutional constraints and …
Persistent link: https://www.econbiz.de/10005700927
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Bureaucratic Rents and Life Satisfaction
Luechinger, Simon; Meier, Stephan; Stutzer, Alois - Institut für Volkswirtschaftslehre, … - 2006
rents. Those rents can involve higher wages, monetary and non-monetary fringe benefits (e.g. pensions and staffing), and …/or bribes. We propose a direct measure to capture the total of these rents: the difference in reported subjective well … extent of rents in the public bureaucracy. The extent of rents is determined by differences in institutional constraints and …
Persistent link: https://www.econbiz.de/10005628003
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Why Does Unemployment Hurt the Employed? Evidence from the Life Satisfaction Gap between the Public and the Private Sector
Luechinger, Simon; Meier, Stephan; Stutzer, Alois - Wirtschaftswissenschaftliches Zentrum, Universität Basel - 2008
High rates of unemployment entail substantial costs to the working population interms of reduced subjective well-being. This paper studies the importance of individualeconomic security, in particular job security, in workers’ well-being by exploiting sectorspecificinstitutional differences in...
Persistent link: https://www.econbiz.de/10009025001
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Are Public Sector Workers Different? Cross-European Evidence from Elderly Workers and Retirees
Tonin, Mirco; Vlassopoulos, Michael - Institute for the Study of Labor (IZA) - 2014
The public sector employs a large share of the labor force to execute important functions (e.g. regulation and public good provision) in an environment beset by severe agency problems. Attracting workers who are motivated to serve the public interest is important to mitigate these problems. We...
Persistent link: https://www.econbiz.de/10010781556
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Are Public Sector Workers Different? Cross-European Evidence from Elderly Workers and Retirees
Tonin, Mirco; Vlassopoulos, Michael - CESifo - 2015
We investigate whether public and private sector employees differ in terms of public service motivation using a representative sample of elderly workers from 12 European countries. We find that public sector workers, both those currently employed and those already retired, are significantly more...
Persistent link: https://www.econbiz.de/10011120473
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Labor market institutions: Curse or blessing?
Ochsen, Carsten; Welsch, Heinz - Institut für Volkswirtschaftlehre, Universität Rostock - 2006
Previous literature has identified considerable non-pecuniary costs to macroeconomic fluctuation and uncertainty. The present paper investigates whether and to what extent labor market institutions can mitigate those costs. We study how life satisfaction of European citizens is affected by...
Persistent link: https://www.econbiz.de/10010958247
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Should National Happiness be Maximized?
Frey, Bruno S.; Stutzer, Alois - Center for Research in Economics, Management and the … - 2006
Cross-disciplinary ?happiness research? has made big progress in the measurement of individual welfare. This development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we postulate that the appropriate approach is not to...
Persistent link: https://www.econbiz.de/10005536939
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Should We Maximize National Happiness?
Frey, Bruno S.; Stutzer, Alois - Institut für Volkswirtschaftslehre, … - 2006
Cross-disciplinary ‘happiness research’ has made big progress in the measurement of individual welfare. This development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we postulate that the appropriate approach is not to...
Persistent link: https://www.econbiz.de/10005627967
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Strategic voting and happiness
Acacia, Francesca; Cubel, Maria - Institut d'Economia de Barcelona (IEB), Facultat … - 2013
In this paper we extend the research on happiness and spatial theory of voting by exploring whether strategic and sincere voting affect subjective well-being. We conduct the analysis with data on a large sample of individuals over 50 elections in 16 OECD countries. The results of the analysis...
Persistent link: https://www.econbiz.de/10010668416
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Are Americans Really Less Happy With Their Incomes?
van soest, arthur; Kapteyn, A.; Smith, J.P. - Tilburg University, Center for Economic Research - 2011
Recent economic research on international comparisons of subjective well-being suffers from several important biases due to the potential incomparability of response scales within and across countries. In this paper we concentrate on self-reported satisfaction with income in two countries: The...
Persistent link: https://www.econbiz.de/10011091687