Review paper
Life Satisfaction and Noncognitive Skills: Effects on the Likelihood of Unemployment
Abstract
SUMMARY Psychological measures are gaining recognition as important determinants of labor performance. This paper demonstrates that people reporting greater subjective well‐being (SWB) are causally less likely to be unemployed in the future. The relation exhibits a meaningful magnitude relative to the mean unemployment rate and other determinants. The analysis is based on a longitudinal survey of German households over the period 1996‐2013...
Paper Details
Title
Life Satisfaction and Noncognitive Skills: Effects on the Likelihood of Unemployment
Published Date
Mar 17, 2020
Journal
Volume
73
Issue
4
Pages
568 - 604
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