The effect of subsidized employment on happiness
"While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can increase the happiness of the unemployed. To close this gap,...
| Main Author: | |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Berlin
2011
DIW |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19177213124919954959-The-effect-of-subsidized-emplo.htm |
| _version_ | 1771659899945615363 |
|---|---|
| author | Crost, Benjamin |
| author_facet | Crost, Benjamin |
| collection | Library items |
| description | "While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can increase the happiness of the unemployed. To close this gap, this paper estimates the causal effect of a type of subsidized employment projects - Germany's Arbeitsbeschaffungsmaßnahmen - on self-reported happiness. Results from matching and fixed effects estimators suggest that subsidized employment has a large and statistically significant positive effect on the happiness of individuals who would otherwise have been unemployed. Detailed panel data on pre- and post-project happiness suggests that this effect can neither be explained by self-selection of happier individuals into employment nor by the higher incomes of the employed." |
| format | TEXT |
| geographic | Germany |
| id | 19177213124919954959_8cc1fbb791724b3db1104e683d22d3a4 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19177213124919954959_8cc1fbb791724b3db1104e683d22d3a4 |
| is_hierarchy_title | The effect of subsidized employment on happiness |
| language | English |
| physical | 41 p. Digital |
| publishDate | 2011 |
| publisher | Berlin DIW |
| spellingShingle | Crost, Benjamin quality of life unemployment employment subsidy The effect of subsidized employment on happiness |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=114494693267 |
| title | The effect of subsidized employment on happiness |
| topic | quality of life unemployment employment subsidy |
| url | https://www.labourline.org/KENTIKA-19177213124919954959-The-effect-of-subsidized-emplo.htm |