scholarly journals Life Satisfaction of Employees, Labour Market Tightness and Matching Efficiency

2020 ◽  
Author(s):  
Pablo de Pedraza ◽  
Martin Guzi ◽  
Kea Gartje Tijdens
Keyword(s):  
Life Satisfaction ◽  
Labour Market ◽  
Matching Efficiency

scholarly journals Life satisfaction of employees, labour market tightness and matching efficiency

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pablo de Pedraza ◽  
Martin Guzi ◽  
Kea Tijdens
Keyword(s):  
Life Satisfaction ◽  
Labour Market ◽  
Temporary Employment ◽  
Job Seekers ◽  
Information Frictions ◽  
Content Type ◽  
Government Interventions ◽  
Matching Efficiency ◽  
Stage Estimation ◽  
Matching Models

PurposeDi Tella et al. (2001) show that temporary fluctuations in life satisfaction (LS) are correlated with macroeconomic circumstances such as gross domestic product, unemployment and inflation. In this paper, we bring attention to labour market measures from search and matching models (Pissarides 2000).Design/methodology/approachOur analysis follows the two-stage estimation strategy used in Di Tella et al. (2001) to explore sectoral unemployment levels, labour market tightness and matching efficiency as LS determinants. In the first stage, we use a large sample of individual data collected from a continuous web survey during the 2007–2014 period in the Netherlands to obtain regression-adjusted measures of LS by quarter and economic sector. In the second-stage, we regress LS measures against the unemployment level, labour market tightness and matching efficiency.FindingsOur results are threefold. First, the negative link between unemployment and an employee's LS is confirmed at the sectoral level. Second, labour market tightness, measured as the number of vacancies per job-seeker rather than the number of vacancies per unemployed, is shown to be relevant to the LS of workers. Third, labour market matching efficiency affects the LS of workers differently when they are less satisfied with their job and in temporary employment.Originality/valueNo evidence of this relationship has been documented before. Our results give support to government interventions aimed at activating demand for labour, improving the matching of job-seekers to vacant jobs and reducing information frictions by supporting match-making technologies.

Regional matching (in)efficiency on the Croatian labour market

2014 ◽  
Vol 64 (3) ◽  
pp. 287-312 ◽  
Author(s):  
Iva Tomić
Keyword(s):  
Labour Market ◽  
Positive Impact ◽  
Structural Characteristics ◽  
Stochastic Frontier ◽  
Regional Office ◽  
Matching Process ◽  
Matching Efficiency ◽  
Demand Fluctuations ◽  
Stage Estimation ◽  
Stochastic Frontier Estimation

This article investigates the efficiency of the matching process by panel stochastic frontier estimation of the matching function in Croatia. The empirical analysis is conducted on a regional level using regional office-level monthly data obtained from the Croatian Employment Service for 2000–2011. The results suggest that the efficiency of the matching process is rising over time, although with significant regional variations. In order to explore these variations, structural characteristics of the labour market together with some policy variables are included in the second-stage estimation. Various structural variables have different impact on the matching efficiency, while policy variables are mostly positively correlated with it. For instance, both active labour market programs and the number of high-skilled employees in regional employment offices positively affect matching efficiency. Additionally, when regional income per capita is included in the model, it shows positive impact on the matching efficiency, indicating that demand fluctuations predominantly affect the matching process. Finally, in order to get consistent estimates, panel stochastic frontier model transformation is applied. The obtained results show that there is no major difference in estimated mean technical efficiency coefficients in comparison to the original estimation.

Can Governments Boost People’s Sense of Well-Being? The Impact of Selected Labour Market and Health Policies on Life Satisfaction

2013 ◽  
Vol 114 (1) ◽  
pp. 105-120 ◽  
Author(s):  
Romina Boarini ◽  
Margherita Comola ◽  
Femke de Keulenaer ◽  
Robert Manchin ◽  
Conal Smith
Keyword(s):  
Life Satisfaction ◽  
Labour Market ◽  
Well Being ◽  
Health Policies ◽  
The Impact

scholarly journals Intrarater reliability of the Abilitator—a self-report questionnaire on work ability and functioning aimed at the population in a weak labour market position: a test–retest study

BMJ Open ◽  
2021 ◽  
Vol 11 (12) ◽  
pp. e057295
Author(s):  
Miia Wikström ◽  
Anne Kouvonen ◽  
Matti Joensuu
Keyword(s):  
Life Satisfaction ◽  
Labour Market ◽  
Social Functioning ◽  
Internal Consistency ◽  
Work Ability ◽  
Market Position ◽  
Retest Reliability ◽  
Summary Scale ◽  
Labour Market Position ◽  
Test Retest Reliability

ObjectivesThe Abilitator is a patient-reported outcome measure (PROM) of work ability and functioning of those in a weak labour market position. It covers items for work ability and self-rated health, for example, and summary scales for social, psychological, cognitive and physical functioning, as well as everyday skills. The aim of this study was to evaluate the intrarater test–retest reliability, internal consistency and basic psychometric properties of the Finnish version of the Abilitator.Design, setting and outcomeThe test–retest study was conducted in European Social Fund projects in 2018–2019. The participants completed two Abilitator questionnaires over 7–14 days. The internal consistency analysis was based on data collected in 2017–2019 in services for the long-term unemployed. The reliability was assessed using correlations (r, rs, intraclass correlation coefficient (ICC)), agreement with Bland-Altman analysis and internal consistency with Cronbach’s alpha.ParticipantsThe test–retest study had 67 participants (52% men, mean age 43.9 years) and the internal consistency study 10 923 (48% men, mean age 38.58 years), respectively. Of all the participants, 80% had been unemployed for over a year.ResultsThe test–retest r or rs ranged from 0.71 to 0.93 and ICC from 0.74 to 0.93 for the items and summary scales. An exception was the life satisfaction item, with an rs of 0.60 and ICC of 0.45. A statistically significant difference was observed in the summary scale for social functioning (t=−2.01, p=0.049). Agreement was observed for all variables except social functioning. Alphas for summary scales ranged from 0.74 to 0.91.ConclusionsThe Finnish version of the Abilitator is a reliable PROM for the target group and has acceptable to excellent intrarater test–retest reliability and internal consistency, apart from the life satisfaction item. Further testing is needed for the social functioning summary scale.

scholarly journals Increases in wellbeing in the transition to retirement for the unemployed: catching up with formerly employed persons

2017 ◽  
Vol 39 (2) ◽  
pp. 254-276 ◽  
Author(s):  
VALENTINA PONOMARENKO ◽  
ANJA K. LEIST ◽  
LOUIS CHAUVEL
Keyword(s):  
Life Satisfaction ◽  
Labour Market ◽  
Subjective Wellbeing ◽  
Difference Model ◽  
Catching Up ◽  
Retirement Transition ◽  
Before And After ◽  
Country Differences ◽  
Transition To Retirement ◽  
The Unemployed

ABSTRACTThis paper examines the extent to which wellbeing levels change in the transition to retirement depending on transitioning from being employed, unemployed or economically inactive. Whereas transitioning from employment to unemployment has been found to cause a decrease in subjective wellbeing with more time spent in unemployment, it is not clear how transitioning from unemployment to retirement affects wellbeing levels. We use the Survey of Health, Ageing and Retirement in Europe to monitor the life satisfaction of respondents who retire in between two waves. We portray wellbeing scores before and after retirement and then identify the change in life satisfaction during the retirement transition using a First Difference model. Results indicate that being unemployed before retirement is associated with an increase in life satisfaction, but presents mainly a catching-up effect compared to employed persons transitioning to retirement. These results are still significant if we control for selection into unemployment and country differences. Retirement from labour market inactivity does not lead to significant changes in wellbeing. As the wellbeing of unemployed persons recovers after transitioning to retirement, especially the currently unemployed population should be supported to prevent detrimental consequences of economically unfavourable conditions and lower wellbeing.

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