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Displaying results 1 to 2 of 2.

  1. Heterogeneity in subjective wellbeing
    an application to occupational allocation in Africa
    Published: 2012
    Publisher:  World Bank, Development Research Group, Macroeconomics and Growth Team, Middle East and Northern Africa Region, Office of the Chief Economist, Washington, DC

    Using an extraordinarily rich panel dataset from Ghana, this paper explores the nature of self-employment and informality in developing countries through the analysis of self-reported happiness with work and life. Subjective job satisfaction measures... more

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    Using an extraordinarily rich panel dataset from Ghana, this paper explores the nature of self-employment and informality in developing countries through the analysis of self-reported happiness with work and life. Subjective job satisfaction measures allow assessment of the relative desirability of different jobs in ways that, conditional wage comparisons cannot. By exploiting recent advances in mixed (random parameter) ordered probit models, the distribution of subjective well-being across sectors of employment is quantified. There is little evidence for the overall inferiority of the small firm informal sector: there is not a robust average satisfaction premium for formal work vs. self-employment or informal salaried work, and owners of informal firms that employ others are on average significantly happier than workers in the formal private sector. Moreover, the estimated distribution of parameters predicting satisfaction reveal substantial heterogeneity in subjective well-being within sectors that conventional fixed parameter models, such as standard ordered probit models, cannot detect: Whatever the average satisfaction premium in a sector, all job categories contain both relatively happy and disgruntled workers. Specifically, roughly 67, 50, 40 and 59 percent prefer being a small-firm employer, sole proprietor, informal salaried, civic worker respectively, than formal work. Hence, there is a high degree of overlap in the distribution of satisfaction across sectors. The results are robust to the inclusion of fixed effects and alternate measures of satisfaction. Job characteristics, self-perceived autonomy and experimentally elicited measures of attitudes toward risk do not appear to explain these distributional patterns.

     
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10986/12074
    Series: Policy research working paper ; 6244
    Subjects: Zufriedenheit; Selbstständige; Informelle Wirtschaft; Berufswahl; Afrika; Ghana; ACCOUNTING; ATTRITION; AVERAGE WAGES; CLERICAL WORKERS; DEVELOPMENT ECONOMICS; DISGUISED UNEMPLOYMENT; DRIVERS; EARNING; EARNINGS PROSPECTS; EMPLOYEE; EMPLOYMENT; EMPLOYMENT OPPORTUNITIES; EMPLOYMENT STATUS; ENTREPRENEURSHIP; ESTIMATED PARAMETERS; FIRING; FIRM SIZE; FORMAL SECTOR WAGE; FORMAL SECTOR WORKERS; HOUSEHOLD CHARACTERISTICS; HOUSEHOLD INCOME; HOUSEHOLD WEALTH; HUMAN CAPITAL; INFORMAL ECONOMY; INFORMAL EMPLOYMENT; INFORMAL LABOR MARKETS; INFORMAL SECTOR; JOB CHARACTERISTICS; JOB SATISFACTION; JOB STATUS; JOB TENURE; JOBS; LABOR COMPENSATION; LABOR DEMAND; LABOR ECONOMICS; LABOR FORCE; LABOR MARKET; LABOR MARKET EXPERIENCE; LABOR MARKET INDICATORS; LABOR MARKET PARTICIPANTS; LABOR MARKETS; LABORERS; LABOUR; LABOUR MARKET; MANUAL LABOR; OCCUPATION; PRESENT ANALYSIS; PREVIOUS RESULTS; PREVIOUS SECTION; PRIMARY CAUSE; PRIVATE SECTOR; PRODUCTIVITY; PROFESSIONS; PSE; PUBLIC SECTOR EMPLOYEES; PUBLIC SECTOR JOBS; PUBLIC SECTOR WORKERS; RETIREMENT; SALARIED EMPLOYMENT; SALARIED WORKERS; SELFEMPLOYMENT; SMALL BUSINESSES; TURNOVER; UNEMPLOYED; UNEMPLOYMENT; UNEMPLOYMENT RATES; UNPAID WORKERS; URBAN EMPLOYMENT; WAGE DIFFERENTIALS; WAGE EMPLOYMENT; WAGE PREMIUM; WORK IN PROGRESS; WORK SATISFACTION; WORKER; WORKERS; WORKING; WORKING HOURS; WORKPLACE
    Scope: Online-Ressource (PDF-Datei: 48 S., 3,5 MB), graph. Darst.
  2. Heterogeneity in subjective wellbeing
    an application to occupational allocation in Africa
    Published: 2012
    Publisher:  World Bank, Development Research Group, Macroeconomics and Growth Team, Middle East and Northern Africa Region, Office of the Chief Economist, Washington, DC

    Using an extraordinarily rich panel dataset from Ghana, this paper explores the nature of self-employment and informality in developing countries through the analysis of self-reported happiness with work and life. Subjective job satisfaction measures... more

    Location:
    Orient-Institut Beirut
    Signature:
    Online
    Inter-library loan:
    No inter-library loan

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Clausthal
    Inter-library loan:
    No inter-library loan

    Location:
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    Inter-library loan:
    No inter-library loan

    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    Fachhochschule Kiel, Zentralbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 2 (6244)
    Inter-library loan:
    No inter-library loan

    Location:
    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

     

    Using an extraordinarily rich panel dataset from Ghana, this paper explores the nature of self-employment and informality in developing countries through the analysis of self-reported happiness with work and life. Subjective job satisfaction measures allow assessment of the relative desirability of different jobs in ways that, conditional wage comparisons cannot. By exploiting recent advances in mixed (random parameter) ordered probit models, the distribution of subjective well-being across sectors of employment is quantified. There is little evidence for the overall inferiority of the small firm informal sector: there is not a robust average satisfaction premium for formal work vs. self-employment or informal salaried work, and owners of informal firms that employ others are on average significantly happier than workers in the formal private sector. Moreover, the estimated distribution of parameters predicting satisfaction reveal substantial heterogeneity in subjective well-being within sectors that conventional fixed parameter models, such as standard ordered probit models, cannot detect: Whatever the average satisfaction premium in a sector, all job categories contain both relatively happy and disgruntled workers. Specifically, roughly 67, 50, 40 and 59 percent prefer being a small-firm employer, sole proprietor, informal salaried, civic worker respectively, than formal work. Hence, there is a high degree of overlap in the distribution of satisfaction across sectors. The results are robust to the inclusion of fixed effects and alternate measures of satisfaction. Job characteristics, self-perceived autonomy and experimentally elicited measures of attitudes toward risk do not appear to explain these distributional patterns.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10986/12074
    Series: Policy research working paper ; 6244
    Subjects: Zufriedenheit; Selbstständige; Informelle Wirtschaft; Berufswahl; Afrika; Ghana; ACCOUNTING; ATTRITION; AVERAGE WAGES; CLERICAL WORKERS; DEVELOPMENT ECONOMICS; DISGUISED UNEMPLOYMENT; DRIVERS; EARNING; EARNINGS PROSPECTS; EMPLOYEE; EMPLOYMENT; EMPLOYMENT OPPORTUNITIES; EMPLOYMENT STATUS; ENTREPRENEURSHIP; ESTIMATED PARAMETERS; FIRING; FIRM SIZE; FORMAL SECTOR WAGE; FORMAL SECTOR WORKERS; HOUSEHOLD CHARACTERISTICS; HOUSEHOLD INCOME; HOUSEHOLD WEALTH; HUMAN CAPITAL; INFORMAL ECONOMY; INFORMAL EMPLOYMENT; INFORMAL LABOR MARKETS; INFORMAL SECTOR; JOB CHARACTERISTICS; JOB SATISFACTION; JOB STATUS; JOB TENURE; JOBS; LABOR COMPENSATION; LABOR DEMAND; LABOR ECONOMICS; LABOR FORCE; LABOR MARKET; LABOR MARKET EXPERIENCE; LABOR MARKET INDICATORS; LABOR MARKET PARTICIPANTS; LABOR MARKETS; LABORERS; LABOUR; LABOUR MARKET; MANUAL LABOR; OCCUPATION; PRESENT ANALYSIS; PREVIOUS RESULTS; PREVIOUS SECTION; PRIMARY CAUSE; PRIVATE SECTOR; PRODUCTIVITY; PROFESSIONS; PSE; PUBLIC SECTOR EMPLOYEES; PUBLIC SECTOR JOBS; PUBLIC SECTOR WORKERS; RETIREMENT; SALARIED EMPLOYMENT; SALARIED WORKERS; SELFEMPLOYMENT; SMALL BUSINESSES; TURNOVER; UNEMPLOYED; UNEMPLOYMENT; UNEMPLOYMENT RATES; UNPAID WORKERS; URBAN EMPLOYMENT; WAGE DIFFERENTIALS; WAGE EMPLOYMENT; WAGE PREMIUM; WORK IN PROGRESS; WORK SATISFACTION; WORKER; WORKERS; WORKING; WORKING HOURS; WORKPLACE
    Scope: Online-Ressource (PDF-Datei: 48 S., 3,5 MB), graph. Darst.