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Displaying results 1 to 2 of 2.

  1. Should national happiness be maximized?
    Author: Frey, Bruno S.; Stutzer, Alois
    Published: 2 Mar. 2007
    Publisher:  Inst. for Empirical Research in Economics, Zurich

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1443 (306/Rev.)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Edition: [Überarb. Version]
    Series: Working paper / Institute for Empirical Research in Economics, Univ. of Zurich ; 306
    Subjects: Zufriedenheit; Lebensqualität; Messung; Theorie
    Scope: 19 S.
    Notes:
  2. The happiness gains from sorting and matching in the labor market
    Author: Lüchinger, Simon; Stutzer, Alois; Winkelmann, Rainer
    Published: September 2007
    Publisher:  German Socio-Economic Panel (SOEP), DIW Berlin, Berlin, Germany

    Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual... more

    Location:
    Leibniz-Institut für Wirtschaftsforschung Halle, Bibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 318 (45)
    Inter-library loan:
    No inter-library loan

     

    Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on subjective well-being it is possible to assess these latter gains from matching. We introduce a two-equation ordered probit model with endogenous switching and study self-selection into government and private sector jobs. In an analysis with data from the European Social Survey, we find considerable gains from matching amounting to an increase in the fraction of very satisfied workers from 53.8 to 58.8 percent relative to a hypothetical random allocation of workers to the two sectors. A companion analysis of data from the German Socio-Economic Panel shows that selection on unobservables is reduced once we include additional controls for preference heterogeneity.

     
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/150594
    Edition: This version: February 10, 2007
    Series: SOEPpapers on multidisciplinary panel data research ; 45
    Subjects: Zufriedenheit; Lebensqualität; Arbeitsmarkt; Vergleich; Öffentlicher Dienst; Privatwirtschaft; Matching; Schätzung; Europa; Deutschland
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen