nep-hap New Economics Papers
on Economics of Happiness
Issue of 2018‒09‒24
six papers chosen by
Viviana Di Giovinazzo
Università degli Studi di Milano-Bicocca

  1. Psychological Outcomes of Unemployment in Young People in Georgia By Mariam Gogitashvili
  2. Misclassification Errors of Subjective Well-being: A New Approach to Mapping Happiness By Zhang, Yinjunjie; Xu, Zhicheng Phil; Palma, Marco A.
  3. Self-employment and Life Satisfaction among the Elderly: Survey-based Evidence from Sweden By Aldén, Lina; Hammarstedt, Mats
  4. Alternative Values-Based ‘Recipes’ for Life Satisfaction: German Results with an Australian Replication By Bruce Headey; Gert G. Wagner
  5. The rise of populism and the collapse of the left-right paradigm: Lessons from the 2017 French presidential election By Algan, Yann; Beasley, Elizabeth; Cohen, Daniel; Foucault, Martial
  6. Social Cohesion and Labor Mobility By Zimmermann, Klaus F.

  1. By: Mariam Gogitashvili (Iv. Javakhishvili Tbilisi State University)
    Abstract: Unemployment has a negative impact on people?s everyday lives. This study examined psychological outcomes of long-term unemployment on young people in Georgia who have already completed their initial education (vocational or higher). In this research 108 young people aged 18-29 were interviewed. The unemployed participants reported a high level of learned helplessness, which was related to the different types of stress coping strategies. This study also identified the high level of well-being associated with emotional oriented stress coping, high level of learned helplessness and the passive attempt to get a job, which also was predicted. The study results suggested that young people who already have got bachelor?s degree still consider themselves as not educated enough for employment. They use self-distraction coping strategy and prefer to attend seminars, training courses to increase their level of education instead of attempting to get a job. The results also showed that relationship between active coping and life satisfaction was positive as well as a denial and low level of well-being scale. Overall, people who have never been employed have better results of life-satisfaction scale than those people who lost their jobs.
    Keywords: Unemployment, well-being, life satisfaction, learned helplessness, stress coping strategies.
    JEL: I31 J64 Y80
    Date: 2018–06
  2. By: Zhang, Yinjunjie; Xu, Zhicheng Phil; Palma, Marco A.
    Keywords: Research Methods/Statistical Methods, Consumer/Household Economics, Institutional and Behavioral Economics
    Date: 2017–07–03
  3. By: Aldén, Lina (Linnaeus University Centre for Discrimination and Integration Studies); Hammarstedt, Mats (Linnaeus University Centre for Discrimination and Integration Studies)
    Abstract: This paper compares life satisfaction among the elderly (61 years of age or older) who are self-employed, wage-employed or out of the labour force in Sweden with the help of a unique survey. Sweden is interesting since the share of elderly, just as in other countries, has increased during the last decade. Encouraging the elderly to remain in the labour force is now high on the political agenda. We find that people who are self-employed report higher life satisfaction than people who are wage-employed or out of the labour force. General health is a strong determinant of life satisfaction but the differences among the groups remain when we control for health related variables. Further, the self-employed report higher job satisfaction than the wage-employed, and find their work less mentally straining or stressful. Even though our results are driven by different types of selection, we conclude that they underline the need for a flexible working life. Stimulating self-employment among older people may be an effective way to improve their life satisfaction, to increase Sweden’s labour supply and to keep older people in the labour force.
    Keywords: Self-employment; Ageing; Life satisfaction: Job satisfaction
    JEL: J14 J26 J28
    Date: 2018–09–11
  4. By: Bruce Headey; Gert G. Wagner
    Abstract: In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for everyone, or at least everyone in the West. In this paper, analysing data from the German Socio-Economic Panel, with a limited replication based on Australian panel data, we estimate models of alternative ‘recipes’ for LS. There appear to be at least four distinct ‘recipes’, which are primarily based on the values of different population sub-sets. These values are: altruistic values, family values, materialistic values and religious values. By a ‘recipe’ for LS we mean a linked set of values, behavioural choices and domain satisfactions, which appear to be held together by a person’s values, and which prove to have substantial effects on LS. Our German and Australian evidence indicates that individuals who follow recipes based on altruistic, family or religious values record above average long term LS, whereas the materialistic values ‘recipe’ is associated with below average LS.
    Keywords: life satisfaction; alternative recipes; values/life priorities; behavioural choices; domain satisfactions; panel data, SOEP
    Date: 2018
  5. By: Algan, Yann; Beasley, Elizabeth; Cohen, Daniel; Foucault, Martial
    Abstract: We examine the dislocation from the traditional left-right political axis in the 2017 French election, analyze support for populist movements and show that subjective variables are key to understanding it. Votes on the traditional left-right axis are correlated to ideology concerning redistribution, and predicted by socio-economic variables such as income and social status. Votes on the new diagonal opposing "open vs closed society" are predicted by individual and subjective variables. More specifically, low well-being predicts anti-system opinions (from the left or from the right) while low interpersonal trust (ITP) predicts right-wing populism.
    Keywords: inequality; populism
    JEL: P26
    Date: 2018–08
  6. By: Zimmermann, Klaus F.
    Abstract: Social cohesion and labor mobility both have the same objective and do not need to be in conflict. They are about cooperating among individuals and societies in order to survive and prosper. Social cohesion can benefit from labour mobility: Labour mobility is economically beneficial for migrants and natives. Attitudes towards migrants are more friendly if they come and work. Migrants are more accepted if they are many. The wellbeing of natives is higher with more migrants present.
    Keywords: labor mobility,social cohesion,wellbeing,attitudes towards migrants,equality
    JEL: F22 J61 M14
    Date: 2018

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