Non-employment, Ill-being and Subjective Well-being
AbstractRecent happiness studies by economists, sociologist and psychologists have produced many important new approaches and attitudes to focus less on objective variables and more on subjective well-being (SWB). Studies investigating life satisfaction (as a proxy of SWB) have identified strong relations with income, labour market status and health state. In this literature review we try to be acquainted with and analyse the dynamic effect of income, health state (ill-being) and labour market status (non-employment) on SWB. Studies collected together have numbers of evidence suggesting that money (own and others') really does matter, and subjective health state (ill-being) and non-employment status are strongly and negatively associated with SWB. The connection between SWB and health, SWB and employment, as well as health and employment has been widely investigated in the literature. However, the dynamics of poor health and non-employment, and their interrelation with SWB were rarely analysed. The review also deals with a range of methodological problems and contradictory evidence concerning the direction of causality between the investigated variables. Our research motivation is quite clear as Hungary is "unique" among the developed market economies and the transition countries with respect to some features: Hungary has almost the lowest employment rate, the highest involuntary early retirement share, the highest mortality rate, and almost the lowest SWB score.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences in its series IEHAS Discussion Papers with number 0922.
Length: 31 pages
Date of creation: Nov 2009
Date of revision:
Subjective Well-being; Relative Income; Non-employment; Ill-being; Dynamic Panel Models;
Find related papers by JEL classification:
- D1 - Microeconomics - - Household Behavior
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D60 - Microeconomics - - Welfare Economics - - - General
- I1 - Health, Education, and Welfare - - Health
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert J. MacCulloch & Rafael Di Tella & Andrew J. Oswald, 2001.
"Preferences over Inflation and Unemployment: Evidence from Surveys of Happiness,"
American Economic Review,
American Economic Association, vol. 91(1), pages 335-341, March.
- DiTella, Rafael & MacCulloch, Robert & Oswald, Andrew J., 2001. "Preferences over inflation and unemployment: Evidence from surveys of happiness," ZEI Working Papers B 03-2001, ZEI - Center for European Integration Studies, University of Bonn.
- Bernard M.S. van Praag & P. Frijters & A. Ferrer-i-Carbonell, 2002.
"The Anatomy of Subjective Well-being,"
Tinbergen Institute Discussion Papers
02-022/3, Tinbergen Institute.
- Axel Börsch-Supan & Hendrik Jürges, 2009.
"Early Retirement, Social Security and Well-Being in Germany,"
in: Developments in the Economics of Aging, pages 173-199
National Bureau of Economic Research, Inc.
- Axel Börsch-Supan & Hendrik Jürges, 2006. "Early Retirement, Social Security and Well-Being in Germany," NBER Working Papers 12303, National Bureau of Economic Research, Inc.
- Axel Börsch-Supan & Hendrik Jürges, 2007. "Early Retirement, Social Security and Well-Being in Germany," MEA discussion paper series 07134, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Di Tella, Rafael & Haisken-De New, John & MacCulloch, Robert, 2010.
"Happiness adaptation to income and to status in an individual panel,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 76(3), pages 834-852, December.
- Rafael Di Tella & John Haisken-De New & Robert MacCulloch, 2007. "Happiness Adaptation to Income and to Status in an Individual Panel," NBER Working Papers 13159, National Bureau of Economic Research, Inc.
- Petri Böckerman & Pekka Ilmakunnas, 2009.
"Unemployment and self-assessed health: evidence from panel data,"
John Wiley & Sons, Ltd., vol. 18(2), pages 161-179.
- Böckerman, Petri & Ilmakunnas, Pekka, 2007. "Unemployment and self-assessed health: Evidence from panel data," MPRA Paper 1798, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adrienn Foldi).
If references are entirely missing, you can add them using this form.