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Supporting the Endogenous Relationship Between Well-Being and Employment for US Individuals

Author

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  • Rosa Duarte
  • José-Julián Escario
  • José-Alberto Molina

Abstract

We test the existence of an endogenous relationship between well-being and employment for US individuals. To that end, we use a simultaneous equation generalized Probit model applied to four recent waves of the National Health Interview Survey (1997–2000). Our results do not enable us to accept the hypothesis that there is a significant effect from employment status to subjective well-being. In contrast, we provide evidence that suggest that well-being is positively correlated to the probability of having a job. Copyright International Atlantic Economic Society 2007

Suggested Citation

  • Rosa Duarte & José-Julián Escario & José-Alberto Molina, 2007. "Supporting the Endogenous Relationship Between Well-Being and Employment for US Individuals," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 35(3), pages 279-288, September.
    • Handle: RePEc:kap:atlecj:v:35:y:2007:i:3:p:279-288
    DOI: 10.1007/s11293-007-9076-8
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    References listed on IDEAS

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    Cited by:

    1. Aistov, Andrey & Larin, Alexander & Leonova, Lyudmila, 2012. "Informal employment and happiness: Model with endogenous regressors," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 26(2), pages 17-36.
    2. Ferrando-Latorre, Sandra, 2017. "Risky consumption and intergenerational mobility: a research program in a family context," MPRA Paper 79777, University Library of Munich, Germany.
    3. Kasra Khademorezaian & Georgia Kosmopoulou & Shane Connelly & Mark Fichtel & Yash Gujar & Heshan Sun, 2023. "Technology use, work adaptation, and economic vulnerability during COVID‐19," Southern Economic Journal, John Wiley & Sons, vol. 90(1), pages 31-43, July.

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    More about this item

    Keywords

    Well-being; Employment; Endogeneity; I30; J21;
    All these keywords.

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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