Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa

By exploiting recent advances in mixed (stochastic parameter) ordered probit estimators and a unique longitudinal dataset from Ghana, this paper examines the distribution of subjective wellbeing across sectors of employment. We find little evidence for the overall inferiority of the small firm infor...

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Main Authors:	Falco, Paolo, Maloney, William F., Rijkers, Bob, Sarrias, Mauricio
Format:	Journal Article
Language:	en_US
Published:	Elsevier 2015
Subjects:	Subjective wellbeing Mixed ordered probit Self-employment Informality Developing country labor market
Online Access:	http://hdl.handle.net/10986/21411

id	okr-10986-21411
recordtype	oai_dc
spelling	okr-10986-214112021-04-23T14:04:02Z Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa Falco, Paolo Maloney, William F. Rijkers, Bob Sarrias, Mauricio Subjective wellbeing Mixed ordered probit Self-employment Informality Developing country labor market By exploiting recent advances in mixed (stochastic parameter) ordered probit estimators and a unique longitudinal dataset from Ghana, this paper examines the distribution of subjective wellbeing across sectors of employment. We find little evidence for the overall inferiority of the small firm informal sector relative to the formal salaried sector at the conditional mean. Moreover, the estimated underlying random parameter distributions unveil substantial latent heterogeneity in subjective wellbeing around the central tendency that fixed parameter models cannot detect. All job categories contain substantial shares of both relatively happy and disgruntled workers. 2015-02-05T21:19:22Z 2015-02-05T21:19:22Z 2015-01-03 Journal Article Journal of Economic Behavior and Organization 0167-2681 http://hdl.handle.net/10986/21411 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research Publications & Research :: Journal Article Africa Ghana
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	Subjective wellbeing Mixed ordered probit Self-employment Informality Developing country labor market
spellingShingle	Subjective wellbeing Mixed ordered probit Self-employment Informality Developing country labor market Falco, Paolo Maloney, William F. Rijkers, Bob Sarrias, Mauricio Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa
geographic_facet	Africa Ghana
description	By exploiting recent advances in mixed (stochastic parameter) ordered probit estimators and a unique longitudinal dataset from Ghana, this paper examines the distribution of subjective wellbeing across sectors of employment. We find little evidence for the overall inferiority of the small firm informal sector relative to the formal salaried sector at the conditional mean. Moreover, the estimated underlying random parameter distributions unveil substantial latent heterogeneity in subjective wellbeing around the central tendency that fixed parameter models cannot detect. All job categories contain substantial shares of both relatively happy and disgruntled workers.
format	Journal Article
author	Falco, Paolo Maloney, William F. Rijkers, Bob Sarrias, Mauricio
author_facet	Falco, Paolo Maloney, William F. Rijkers, Bob Sarrias, Mauricio
author_sort	Falco, Paolo
title	Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa
title_short	Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa
title_full	Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa
title_fullStr	Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa
title_full_unstemmed	Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa
title_sort	heterogeneity in subjective wellbeing : an application to occupational allocation in africa
publisher	Elsevier
publishDate	2015
url	http://hdl.handle.net/10986/21411
_version_	1764448184995676160

Heterogeneity in Subjective Wellbeing : An Application to Occupational Allocation in Africa

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