New Economics Papers
on Central and South America
Issue of 2011‒11‒28
three papers chosen by

  1. The Welfare Impacts of Social Housing Programs in Latin America: A Meta-impact Analysis By Inder Ruprah
  2. Revisiting Informality: Evidence from Employment Characteristics and Job Satisfaction in Chile By Lea Cassar
  3. Social Interactions and Subjective Well-Being: Evidence from Latin America. By Victoria Ateca-Amestoy; Alexandra Cortés Aguilar; Ana I. Moro-Egido

  1. By: Inder Ruprah (Interamerican Development Bank, Washington, DC)
    Keywords: Housing Policy, Targeting, ABC, Poverty, Homeownership
    JEL: O2 I3
    Date: 2011–05
  2. By: Lea Cassar
    Abstract: We use data from a unique, nationally representative survey to investigate the relationship between job satisfaction and employment characteristics in Chile. Consistent with the dualistic models, job protection appears to be a positive determinant of job satisfaction rather than a cost to be avoided by engaging in informal activities. Further, we find self-employed workers to be penalized by the lack of valuable workplace facilities, such as decent toilets and clean water. However, being self-employed does not necessarily mean taking the ‘bad’ jobs. We show that self-employed workers in Chile, like their counterparts in industrialized countries, derive procedural utility from being independent.
    Date: 2010–11
  3. By: Victoria Ateca-Amestoy (University of the Basque Country); Alexandra Cortés Aguilar (Universidad Industrial de Santander); Ana I. Moro-Egido (University of Granada)
    Abstract: In this paper, we seek to examine the effect of comparisons and social capital on subjective well-being. Furthermore, we test if, through social influence and exposure, social capital is either an enhancer or appeaser of the comparison effect. Using the Latinobarómetro Survey (2007) we find that in contrast to most previous studies, the comparison effect on well-being is positive; that is, the better others perform, the happier the individual is. We also find that social capital is among the strongest correlates of individuals’ subjective well-being in Latin American countries. Furthermore, our findings suggest that social contacts may enhance the comparison effect on individual’s happiness, which is more intense for those who perform worse in their reference group.
    Keywords: Comparison effect, social capital, subjective well-being, social interactions
    JEL: D31 I31 O54 Z10
    Date: 2011–11–18

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