EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Papers on Economics and Evolution, MPI für Ökonomik >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/57547
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorBinder, Martinen_US
dc.contributor.authorCoad, Alexen_US
dc.date.accessioned2011-01-12en_US
dc.date.accessioned2012-04-24T15:44:21Z-
dc.date.available2012-04-24T15:44:21Z-
dc.date.issued2010en_US
dc.identifier.piurn:nbn:de:gbv:27-20110628-152532-3en_US
dc.identifier.urihttp://hdl.handle.net/10419/57547-
dc.description.abstractDespite lower incomes, the self-employed consistently report higher satisfaction with their jobs. But are self-employed individuals also happier, more satisfied with their lives as a whole? High job satisfaction might cause them to neglect other important domains of life, such that the fulfilling job crowds out other pleasures, leaving the individual on the whole not happier than others. Moreover, self-employment is often chosen to escape unemployment, not for the associated autonomy that seems to account for the high job satisfaction. We apply matching estimators that allow us to better take into account the above-mentioned considerations and construct an appropriate control group. Using the BHPS data set that comprises a large nationally representative sample of the British populace, we find that individuals who move from regular employment into self-employment experience an increase in life satisfaction (up to two years later), while individuals moving from unemployment to self-employment are not more satisfied than their counterparts moving from unemployment to regular employment. We argue that these groups correspond to opportunity and necessity entrepreneurship, respectively. These findings are robust with regard to different measures of subjective well-being as well as choice of matching variables, and also robustness exercises involving simulated confounders.en_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 1020en_US
dc.subject.jelJ24en_US
dc.subject.jelJ28en_US
dc.subject.jelC21en_US
dc.subject.ddc330en_US
dc.subject.keywordself-employmenten_US
dc.subject.keywordhappinessen_US
dc.subject.keywordmatching estimatorsen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordBHPSen_US
dc.subject.keywordnecessity entrepreneurshipen_US
dc.subject.stwZufriedenheiten_US
dc.subject.stwSelbstständigeen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwMatchingen_US
dc.subject.stwSchätzungen_US
dc.subject.stwGroßbritannienen_US
dc.titleLife satisfaction and self-employment: A matching approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn643788735en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

Files in This Item:
File Description SizeFormat
643788735.pdf796.05 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.