nep-hap New Economics Papers
on Economics of Happiness
Issue of 2019‒03‒25
three papers chosen by

  1. Multi-dimensional Individual Work Performance: Predictors and Mediators By Rostiana
  2. Vectors and dynamics of short-term indicators of social development By Maleva, Tatiana (Малева, Татьяна); Grishina, Elena E. (Гришина, Елена Е.); Polyakova, Alexandra (Полякова, Александра); Florinskaya, Yulia (Флоринская, Юлия); Loginov, Dmitriy (Логинов, Дмитрий); Khasanova, Ramiliya (Хасанова, Рамиля)
  3. Men without work: Why are they so unhappy in the US compared to other places? By Sergio Pinto; Carol Graham

  1. By: Rostiana (Faculty of Psychology, Universitas Tarumanagara, Indonesia Author-2-Name: Daniel Lie Author-2-Workplace-Name: Faculty of Psychology- Universitas Tarumanagara, Indonesia Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)
    Abstract: Objective - Individual work performance (IWP) has been researched time and time again in the past few decades. Interestingly enough, existing research on IWP focuses mainly on the area of work production and lacks an in-depth holistic understanding of IWP and other interrelated work behaviours. In this study, IWP is explored in the context of a multidimensional construct that includes the dimensions of task, contextual, and counterproductive behaviours. The purpose of this research is to investigate whether the three variables of work engagement (WE), psychological empowerment (PE), and subjective well-being (SWB) mediate and correlate with the relationship between perceived organisational support (POS) and IWP. Methodology/Technique - 780 employees from 4 organisations in Jakarta were selected to participate in this study. The respondents were tasked with responding to five questionnaires including (1) IWP of Koopmans, (2) POS of Eisenberger, (3) SWB of Diener, (4) WE of Baker and Schaufeli, (5) PE of Spreitzer. The data was analysed using structural equation modelling. Findings - The results show that the proposed structural model aligns with the empirical data [X2 (0, N = 780) = 0, p = 1.000; RMSEA=.000]. This research concludes that the relationship between POS and IWP is best mediated by either WE, PE or SWB. Among the three mediators, WE plays the greatest role in mediating the relationship between POS and IWP. Novelty - These findings expand on previous research on the weak relationship between POS and IWP.
    Keywords: Individual Work Performance; Perceived Organizational Support; Psychological Empowerment; Subjective Well-being; Work Engagement.
    JEL: L20 L25 L29
    Date: 2019–02–25
  2. By: Maleva, Tatiana (Малева, Татьяна) (The Russian Presidential Academy of National Economy and Public Administration); Grishina, Elena E. (Гришина, Елена Е.) (The Russian Presidential Academy of National Economy and Public Administration); Polyakova, Alexandra (Полякова, Александра) (The Russian Presidential Academy of National Economy and Public Administration); Florinskaya, Yulia (Флоринская, Юлия) (The Russian Presidential Academy of National Economy and Public Administration); Loginov, Dmitriy (Логинов, Дмитрий) (The Russian Presidential Academy of National Economy and Public Administration); Khasanova, Ramiliya (Хасанова, Рамиля) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The authors made a comprehensive analysis of indicators covering the most important areas, including incomes of the population, the labor market, regional social development, demographic development, changing the migration situation, social well-being of the population and the strategy of its behavior. The study is based on the results of statistical analysis and monitoring of the social well-being of the population, implemented by the Institute of Social Analysis and Forecasting of the RANEPA since 2015. The analysis made it possible to determine the strategic tasks that the Russian economy and Russian society will have to solve for a long time.
    Date: 2019–03
  3. By: Sergio Pinto (University of Maryland); Carol Graham (The Brookings Institution)
    Abstract: The global economy is full of paradoxes. Despite progress in technology, reducing poverty, and increasing life expectancy, the poorest states lag behind, and there is increasing inequality and anomie in the wealthiest ones. A key driver of such unhappiness in advanced countries is the decline in the status and wages of low-skilled labor. A related feature is the increase in prime-aged males (and to a lesser extent women) simply dropping out of the labor force, particularly in the U.S. This same group is over-represented in the “deaths of despair.” There is frustration among this same cohort in Europe and it is reflected in voting trends in both contexts. Prime-aged males out of the labor force in the U.S. are the least hopeful and most stressed and angry compared to the same group in other regions, including the Middle East. Our aim is to better understand this cohort as part of a broader need to rethink our growth models and to explore policies that encourage the participation of able workers in the new global economy and can provide incentives for community involvement and other forms of engagement for those who can no longer work.
    Keywords: well-being, happiness, Inequality, gender, unemployment
    JEL: I31 D63 E24 J68 J16
    Date: 2019–03

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