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Supporting the Endogenous Relationship Between Well-Being and Employment for US Individuals

Rosa Duarte, José-Julián Escario and José Alberto Molina

Atlantic Economic Journal, 2007, vol. 35, issue 3, 279-288

Abstract: We test the existence of an endogenous relationship between well-being and employment for US individuals. To that end, we use a simultaneous equation generalized Probit model applied to four recent waves of the National Health Interview Survey (1997–2000). Our results do not enable us to accept the hypothesis that there is a significant effect from employment status to subjective well-being. In contrast, we provide evidence that suggest that well-being is positively correlated to the probability of having a job. Copyright International Atlantic Economic Society 2007

Keywords: Well-being; Employment; Endogeneity; I30; J21 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s11293-007-9076-8

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