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Education and the Non-financial Employment Commitment in Times of Economic Recession Among the Youth

Author

Listed:
  • Simona Demel

    (Queen’s University Belfast
    University of the Basque Country (UPV/EHU))

  • Petr Mariel

    (University of the Basque Country (UPV/EHU))

  • Luis Miller

    (University of the Basque Country (UPV/EHU))

Abstract

In this paper, we study the non-financial employment commitment using the so-called “lottery question”, which asks if you would continue working if you won the lottery. This is the first study that reports results using data from a Southern-European country and this is done both before and 3 years into the recession following the financial crisis of 2008. We find that the willingness to continue working in Spain is shockingly lower than in previous research done in other countries. Additionally, we find two important moderators of the non-financial employment commitment at the individual level. The willingness to work increases by education level and it is negatively correlated with the time spent searching for jobs. We find some regional effects, but in general, we do not find that the non-financial employment commitment is higher during the financial recession.

Suggested Citation

  • Simona Demel & Petr Mariel & Luis Miller, 2018. "Education and the Non-financial Employment Commitment in Times of Economic Recession Among the Youth," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 140(2), pages 795-810, November.
  • Handle: RePEc:spr:soinre:v:140:y:2018:i:2:d:10.1007_s11205-017-1789-8
    DOI: 10.1007/s11205-017-1789-8
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    References listed on IDEAS

    as
    1. Andrew Dunn & Maria T Grasso & Clare Saunders, 2014. "Unemployment and attitudes to work: asking the ‘right’ question," Work, Employment & Society, British Sociological Association, vol. 28(6), pages 904-925, December.
    2. Paulsen Roland, 2008. "Economically Forced to Work: A Critical Reconsideration of the Lottery Question," Basic Income Studies, De Gruyter, vol. 3(2), pages 1-20, November.
    3. Runt Veenhoven, 2002. "Why Social Policy Needs Subjective Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 58(1), pages 33-46, June.
    4. Antonella D’Agostino & Andrea Regoli, 2013. "Life Conditions and Opportunities of Young Adults: Evidence from Italy in European Comparative Perspective," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 113(3), pages 1205-1235, September.
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