Causal Linkages between Work and Life Satisfaction and Their Determinants in a Structural VAR Approach
Levy Economics Institute, Working Papers Series No. 809
17 Pages Posted: 25 Jun 2014
Date Written: June 24, 2014
Work and life satisfaction depends on a number of pecuniary and nonpecuniary factors at the workplace and determines these in turn. We analyze these causal linkages using a structural vector autoregression approach for a sample of the German working populace collected from 1984 to 2008, finding that workplace autonomy plays an important causal role in determining well-being.
Keywords: Subjective well-being, job satisfaction, structural VAR, German Socio-Economic Panel (GSOEP)
JEL Classification: C33, I12, I31
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