IDEAS home Printed from https://ideas.repec.org/h/spr/eurchp/978-3-319-50164-2_21.html
   My bibliography  Save this book chapter

The Effect of Employment Status on Life Satisfaction in Europe

In: Empirical Studies on Economics of Innovation, Public Economics and Management

Author

Listed:
  • Mehmet Fatih Aysan

    (Istanbul Sehir University)

  • Ummugulsum Aysan

    (Istanbul University)

Abstract

There has been a growing interest in the concept of happiness in economics, psychology, and sociology. The effect of employment status on life satisfaction has been of particular interest in the empirical research of economics. A substantial body of literature shows that unemployment is associated with lower levels of happiness conceptualized as life satisfaction. This paper investigates life satisfaction levels in three dimensions of life—social and demographic characteristics, social inequality, and employment—using the third wave of the European Quality of Life Survey (EQLS) conducted in 2011. Multiple regression results are consistent with that of previous literature. Even when the financial situation and other individual characteristics are held constant, unemployment reduces people’s life satisfaction. The final model shows that the impact of social exclusion, deprivation, and financial differences on life satisfaction proves to be higher than the impacts of education level, marital status, age, and employment status. Hence, welfare state policies affecting social inequalities and labor market have significant effects on life satisfaction.

Suggested Citation

  • Mehmet Fatih Aysan & Ummugulsum Aysan, 2017. "The Effect of Employment Status on Life Satisfaction in Europe," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis & Ender Demir & Ugur Can (ed.), Empirical Studies on Economics of Innovation, Public Economics and Management, pages 335-347, Springer.
  • Handle: RePEc:spr:eurchp:978-3-319-50164-2_21
    DOI: 10.1007/978-3-319-50164-2_21
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:eurchp:978-3-319-50164-2_21. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.