High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular, job security, in workers' well-being by exploiting sector-specific institutional differences...

This study explores the determinants of public employees’ job satisfaction. We are focusing on three concepts – reciprocal motives, personality traits and wage differences – to explain job satisfaction and production sector affiliation. Estimation results obtained from multivariate...