nep-ltv New Economics Papers
on Unemployment, Inequality and Poverty
Issue of 2007‒09‒24
four papers chosen by
Maximo Rossi
University of the Republic

  1. Regression-based inequality decomposition By Carlo Fiorio; Stephen Jenkins
  2. Job Satisfaction and Family Happiness: The Part-time Work Puzzle By Booth, Alison L; van Ours, Jan C
  3. Mirror, mirror on the wall, who is the happiest of them all? By Benno Torgler; Nemanja Antica; Uwe Dulleck
  4. How Do Different Entitlements to Unemployment Benefits Affect the Transitions from Unemployment into Employment? By John T. Addison; Pedro Portugal

  1. By: Carlo Fiorio (Department of Economic Scieces, Universita degli Studi di Milano); Stephen Jenkins (University of Essex)
    Abstract: This talk discusses ineqrbd, a program for OLS regression-based decomposition suggested by G.S. Fields (“Accounting for Income Inequality and Its Change: A New Method, with Application to the Distribution of Earnings in the United States”, Research in Labor Economics, 2003). It provides an exact decomposition of the inequality of total income into inequality contributions from each of the factor components (or determinants) of total income.
    Date: 2007–09–14
  2. By: Booth, Alison L; van Ours, Jan C
    Abstract: Using fixed effects ordered logit estimation, we investigate the relationship between part-time work and working hours satisfaction; job satisfaction; and life satisfaction. We account for interdependence within the family using data on partnered men and women from the British Household Panel Survey. We find that men have the highest hours-of-work satisfaction if they work full-time without overtime hours but neither their job satisfaction nor their life satisfaction are affected by how many hours they work. Life satisfaction is influenced only by whether or not they have a job. For women we are confronted with a puzzle. Hours satisfaction and job satisfaction indicate that women prefer part-time jobs irrespective of whether these are small or large. In contrast, female life satisfaction is virtually unaffected by hours of work. Women without children do not care about their hours of work at all, while women with children are significantly happier if they have a job regardless of how many hours it entails.
    Keywords: gender; happiness; part-time work; satisfaction; working hours
    JEL: I31 J16 J22
    Date: 2007–09
  3. By: Benno Torgler; Nemanja Antica; Uwe Dulleck
    Abstract: This paper turns Snow-White’s magic mirror onto recent economics Nobel Prize winners, top economists and happiness researchers, and through the eyes of the “man in the street” seeks to determine who the happiest academic is. The study not only provides a clear answer to this question but also unveils who is the ladies’ man and who is the sweetheart of the aged. It also explores the extent to which information matters and whether individuals’ self-reported happiness affects their perceptions about the happiness of these superstars in economics.
    Keywords: happiness; subjective well-being; perceptions; superstars; economists
    JEL: A11 D10 I31
    Date: 2007–09
  4. By: John T. Addison (Queen’s University Belfast, University of South Carolina, Universidade de Coimbra/GEMF and IZA); Pedro Portugal (Banco de Portugal, Universidade Nova de Lisboa and IZA)
    Abstract: In Portugal duration of benefits is exclusively age determined while replacement rates are to all intents and purposes uniform. We exploit differences in potential maximum duration of benefits for nearly matched pairs of individuals who differ in age by one year and in potential maximum duration of benefits by three months. In specifications that take account of unobserved individual heterogeneity, while controlling for pure age effects on escape rates, we find that lower maximum benefit duration is associated with substantially higher quarterly rates of job finding in the range 53 to 106 percent.
    Keywords: unemployment benefits, unemployment duration, job search
    JEL: J64 J65
    Date: 2007–08

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