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dc.contributor.authorGeishecker, Ingoen
dc.date.accessioned2009-12-08-
dc.date.accessioned2010-11-15T10:27:09Z-
dc.date.available2010-11-15T10:27:09Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/41578-
dc.description.abstractThis paper analyzes the impact of job insecurity perceptions on individual well-being. While previous studies on the subject have used the concept of perceived job insecurity rather arbitrarily, the present analysis explicitly takes into account individual perceptions about both the likelihood and the potential costs of job loss. We demonstrate that any model assessing the impact of perceived job insecurity on individual well-being potentially suffers from simultaneity bias yielding upward-biased coefficients. When applying our concept of perceived job insecurity to concrete data from a large household panel survey we find the true unbiased effects of perceived job insecurity to be more than twice the size of estimates that ignore simultaneity. Accordingly, perceived job insecurity ranks as one of the most important factors in employee well-being and paradoxically can be even more harmful than actual job loss with subsequent unemployment.en
dc.language.isoengen
dc.publisher|aUniversity of Göttingen, Center for European, Governance and Economic Development Research (cege) |cGöttingenen
dc.relation.ispartofseries|acege Discussion Papers |x90en
dc.subject.jelD84en
dc.subject.jelJ63en
dc.subject.jelZ13en
dc.subject.ddc330en
dc.subject.keywordjob securityen
dc.subject.keywordlife satisfactionen
dc.subject.keywordunemploymenten
dc.subject.stwArbeitsplatzsicherungen
dc.subject.stwArbeitslosigkeiten
dc.subject.stwRisikoen
dc.subject.stwWahrnehmungen
dc.subject.stwZufriedenheiten
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titlePerceived job insecurity and well-being revisited: Towards conceptual clarity-
dc.type|aWorking Paperen
dc.identifier.ppn614464528en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cegedp:90en

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