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@article{1654296,
author = {de Pedraza, Pablo and Guzi, Martin and Tijdens, Kea},
article_number = {3},
doi = {http://dx.doi.org/10.1108/IJM-07-2019-0323},
keywords = {life satisfaction; matching efficiency; tightness; unemployment},
language = {eng},
issn = {0143-7720},
journal = {International Journal of Manpower},
title = {Life Satisfaction of Employees, Labour Market Tightness and Matching Efficiency},
url = {https://www.iza.org/de/publications/dp/12961/life-satisfaction-of-employees-labour-market-tightness-and-matching-efficiency},
volume = {42},
year = {2021}
}
TY - JOUR
ID - 1654296
AU - de Pedraza, Pablo - Guzi, Martin - Tijdens, Kea
PY - 2021
TI - Life Satisfaction of Employees, Labour Market Tightness and Matching Efficiency
JF - International Journal of Manpower
VL - 42
IS - 3
SP - 341-355
EP - 341-355
PB - Emerald Group Publishing
SN - 01437720
KW - life satisfaction
KW - matching efficiency
KW - tightness
KW - unemployment
UR - https://www.iza.org/de/publications/dp/12961/life-satisfaction-of-employees-labour-market-tightness-and-matching-efficiency
N2 - Di 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). Our 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. Our 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. No 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.
ER -
DE PEDRAZA, Pablo, Martin GUZI a Kea TIJDENS. Life Satisfaction of Employees, Labour Market Tightness and Matching Efficiency. \textit{International Journal of Manpower}. Emerald Group Publishing, 2021, roč.~42, č.~3, s.~341-355. ISSN~0143-7720. Dostupné z: https://dx.doi.org/10.1108/IJM-07-2019-0323.
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