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Measuring satisfaction of the unemployed: a composite indicator and policy implications

Author

Listed:
  • Hector Bellido
  • Jose Ignacio Gimenez-Nadal
  • Raquel Ortega

Abstract

Given that unemployment is one of the main economic problems, policymakers debate the possible solutions. We contribute to this debate by analysing the general satisfaction of the unemployed in Spain and comparing it with that of the employed. To this end, we create a composite indicator of general satisfaction using responses in the European Community Household Panel (ECHP) (1994-2001) relating to specific satisfaction in different areas, work, financial, home and leisure time. We find that being unemployed has a significant and negative association with the general satisfaction of individuals and, in consequence, we conclude that the Spanish unemployment problem cannot be attributed, at least not entirely, to a lack of incentives for seeking work.

Suggested Citation

  • Hector Bellido & Jose Ignacio Gimenez-Nadal & Raquel Ortega, 2011. "Measuring satisfaction of the unemployed: a composite indicator and policy implications," Applied Economics Letters, Taylor & Francis Journals, vol. 18(17), pages 1687-1690.
    • Handle: RePEc:taf:apeclt:v:18:y:2011:i:17:p:1687-1690
    DOI: 10.1080/13504851.2011.558475
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    Citations

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    Cited by:

    1. J. M. Fernandez-Crehuet & J. Rosales-Salas & S. Díaz Cogollos, 2021. "Country’s International Reputation Index," Corporate Reputation Review, Palgrave Macmillan, vol. 24(1), pages 14-30, February.
    2. Jose Maria Fernandez-Crehuet & J. Ignacio Gimenez-Nadal & Luisa Eugenia Reyes Recio, 2016. "The National Work–Life Balance Index©: The European Case," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(1), pages 341-359, August.
    3. Jose Maria Fernandez-Crehuet & J. Ignacio Gimenez-Nadal & Ignacio Danvila del Valle, 2017. "The International Multidimensional Fertility Index: The European Case," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 132(3), pages 1331-1358, July.
    4. Bellido, Héctor, 2020. "La transición del sistema educativo al mercado laboral en Europa: Efectos del abandono escolar en la incorporación al trabajo de los jóvenes europeos [The transition from the education system to th," MPRA Paper 103071, University Library of Munich, Germany.

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