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Trade Unions and Workers’ Life Satisfaction in South Korea

Yong-Woo Lee ()

Applied Research in Quality of Life, 2022, vol. 17, issue 1, No 15, 277-298

Abstract: Abstract This study analyses the effects of trade unions’ presence in workplaces and union membership on workers’ overall life satisfaction. We estimate a correlated random effects panel ordered probit model using the Korean Labor and Income Panel Study. While the presence of unions increases the probability of reporting a higher level of overall life satisfaction, union membership has no effect. These effects exist only for healthy men who are employed on a permanent contract. Finally, we show that unions’ effects on life satisfaction have four mediating channels—job satisfaction, social security, real wage and fringe benefits.

Keywords: Trade union; Life satisfaction; Correlated random effects panel data model (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s11482-020-09892-5

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Handle: RePEc:spr:ariqol:v:17:y:2022:i:1:d:10.1007_s11482-020-09892-5