Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/144964
Authors: 
Chadi, Adrian
Hetschko, Clemens
Year of Publication: 
2016
Series/Report no.: 
CESifo Working Paper 5929
Abstract: 
For representative German panel data, we show that voluntary job switching leads to relatively high levels of life satisfaction, though only for some time, whereas the impact of exogenously triggered job changes is ambiguous. Risk aversion interacts negatively with this effect in life satisfaction. Analysing time-use data and well-being indicators for various areas of life, we find evidence that involuntary job mobility turns out to be harmful for satisfaction with family life. By linking this relatively new measure of family well-being to domestic events, such as future child births, our paper reveals a behaviourally valid predictor of great economic relevance.
Subjects: 
life satisfaction
satisfaction with family life
job changes
honeymoon-hangover effect
employment protection legislation
JEL: 
I31
J28
J61
J63
Document Type: 
Working Paper

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