Happiness and Work

14 Pages Posted: 27 Sep 2014

Abstract

The relationship between happiness and work is subject to an ever growing empirical literature in economics. The analyses are mostly based on large-scale survey data to measure subjective well-being. Whereas one large strand of research investigates the effect of job loss and becoming unemployed, another field of study focuses on the determinants of job satisfaction evolving around employment conditions, self-employment, and potential public sector satisfaction premiums. A smaller part of the literature investigates potential driving effects of happiness on labor market outcomes. This article will give an overview about the most significant subareas of research and the empirical literature in economics to date.

Keywords: life satisfaction, happiness, anticipation and adaptation effects, employment conditions, self-employment, unemployment, work, job satisfaction, subjective well-being

JEL Classification: I31, J28, J60, J64

Suggested Citation

Krause-Pilatus, Annabelle, Happiness and Work. IZA Discussion Paper No. 8435, Available at SSRN: https://ssrn.com/abstract=2502295

Annabelle Krause-Pilatus (Contact Author)

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany

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