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Does a Satisfied Student Make a Satisfied Worker?

Listed author(s):
  • Whelan, Adele

    ()

    (ESRI, Dublin)

  • McGuinness, Seamus

    ()

    (Economic and Social Research Institute, Dublin)

We investigate the effect of satisfaction at higher education on job satisfaction using propensity score matching, the special regressor method and a unique European dataset for graduates. Acknowledging that perceptions of satisfaction at higher education are endogenous to job satisfaction, we present models available to the deal with this endogeneity. Our analysis confirms that a positive university experience is important for success in future employment and suggests that emphasis should be focused on the utility of participating in third-level education along with academic outcomes.

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File URL: http://ftp.iza.org/dp10698.pdf
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 10698.

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Length: 22 pages
Date of creation: Apr 2017
Handle: RePEc:iza:izadps:dp10698
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  1. Saziye Gazioglu & Aysit Tansel, 2006. "Job satisfaction in Britain: individual and job related factors," Applied Economics, Taylor & Francis Journals, vol. 38(10), pages 1163-1171.
  2. Yingying Dong & Arthur Lewbel & Thomas Tao Yang, 2012. "Comparing Features of Convenient Estimators for Binary Choice Models With Endogenous Regressors," Boston College Working Papers in Economics 789, Boston College Department of Economics, revised 15 May 2012.
  3. Freeman, Richard B, 1978. "Job Satisfaction as an Economic Variable," American Economic Review, American Economic Association, vol. 68(2), pages 135-141, May.
  4. Oswald, Andrew J, 1997. "Happiness and Economic Performance," Economic Journal, Royal Economic Society, vol. 107(445), pages 1815-1831, November.
  5. Krueger, Alan B. & Schkade, David A., 2008. "The reliability of subjective well-being measures," Journal of Public Economics, Elsevier, vol. 92(8-9), pages 1833-1845, August.
  6. Christophe Bontemps & Céline Nauges, 2016. "The Impact of Perceptions in Averting-decision Models: An Application of the Special Regressor Method to Drinking Water Choices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(1), pages 297-313.
  7. Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, January.
  8. Bruno S. Frey & Alois Stutzer, 2002. "What Can Economists Learn from Happiness Research?," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 402-435, June.
  9. Clark, Andrew E. & Oswald, Andrew J., 1996. "Satisfaction and comparison income," Journal of Public Economics, Elsevier, vol. 61(3), pages 359-381, September.
  10. Kostas Mavromaras & Seamus Mcguinness & Yin King Fok, 2009. "Assessing the Incidence and Wage Effects of Overskilling in the Australian Labour Market," The Economic Record, The Economic Society of Australia, vol. 85(268), pages 60-72, March.
  11. Joseph A. RITTER & Richard ANKER, 2002. "Good jobs, bad jobs: Workers' evaluations in five countries," International Labour Review, International Labour Organization, vol. 141(4), pages 331-358, December.
  12. Yingying Dong & Arthur Lewbel, 2015. "A Simple Estimator for Binary Choice Models with Endogenous Regressors," Econometric Reviews, Taylor & Francis Journals, vol. 34(1-2), pages 82-105, February.
  13. Andrew J. Oswald & Eugenio Proto & Daniel Sgroi, 2015. "Happiness and Productivity," Journal of Labor Economics, University of Chicago Press, vol. 33(4), pages 789-822.
  14. Clark, Andrew E., 2001. "What really matters in a job? Hedonic measurement using quit data," Labour Economics, Elsevier, vol. 8(2), pages 223-242, May.
  15. Arthur Lewbel & Yingying Dong & Thomas Tao Yang, 2012. "Viewpoint: Comparing features of convenient estimators for binary choice models with endogenous regressors," Canadian Journal of Economics, Canadian Economics Association, vol. 45(3), pages 809-829, August.
  16. Clark, Andrew E., 1997. "Job satisfaction and gender: Why are women so happy at work?," Labour Economics, Elsevier, vol. 4(4), pages 341-372, December.
  17. Oswald, Andrew J. & Wu, Stephen, 2010. "Objective Confirmation of Subjective Measures of Human Well-being: Evidence from the USA," IZA Discussion Papers 4695, Institute for the Study of Labor (IZA).
  18. George J. Borjas, 1979. "Job Satisfaction, Wages, and Unions," Journal of Human Resources, University of Wisconsin Press, vol. 14(1), pages 21-40.
  19. Paolo Ghinetti, 2007. "The Public-Private Job Satisfaction Differential in Italy," LABOUR, CEIS, vol. 21(2), pages 361-388, June.
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