2021
Life Satisfaction of Employees, Labour Market Tightness and Matching Efficiency
DE PEDRAZA, Pablo; Martin GUZI a Kea TIJDENSZákladní údaje
Originální název
Life Satisfaction of Employees, Labour Market Tightness and Matching Efficiency
Autoři
DE PEDRAZA, Pablo; Martin GUZI a Kea TIJDENS
Vydání
International Journal of Manpower, LEEDS, Emerald Group Publishing, 2021, 0143-7720
Další údaje
Jazyk
angličtina
Typ výsledku
Článek v odborném periodiku
Obor
50202 Applied Economics, Econometrics
Stát vydavatele
Velká Británie a Severní Irsko
Utajení
není předmětem státního či obchodního tajemství
Impakt faktor
Impact factor: 3.295
Označené pro přenos do RIV
Ano
Kód RIV
RIV/00216224:14560/21:00120614
Organizační jednotka
Ekonomicko-správní fakulta
UT WoS
EID Scopus
Klíčová slova anglicky
life satisfaction; matching efficiency; tightness; unemployment
Příznaky
Mezinárodní význam, Recenzováno
Změněno: 30. 1. 2026 15:19, Eliška Poláčková
Anotace
V originále
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.