LIFE SATISFACTION, PRO-ACTIVITY AND EMPLOYMENT

Alpaslan Akay (), Gokhan Karabulut and Levent Yilmaz ()
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Alpaslan Akay: Department of Economics, University of Gothenburg, Vasagatan 1, Box
Gokhan Karabulut: Department of Economics, Istanbul Univerisity, Beyazit-Fatih-Istanbul, 34452 Turkey3Global Labor Organization (GLO), Turkey
Levent Yilmaz: Department of Economics, Turkish-German University Istanbul, Sahinkaya Cad. 106, 34820 Istanbul, Turkey

The Singapore Economic Review (SER), 2024, vol. 69, issue 07, 2235-2257

Abstract: Using longitudinal data from the German Socio-Economic Panel (GSOEP), this paper investigates how pro-active time-use (e.g., in sports/arts/socializing) relates to subjective well-being of the unemployed and their probability of finding a new job. Allowing for a variety of socio-demographic and -economic observed characteristics, we find that pro-activity is negatively associated with the well-being loss upon unemployment. That is, the negative unemployment shock on their well-being is mitigated through various stress-reducing activities including, in particular, art participation, socializing, going on trips and visiting a church. We also find that the probability of returning to the labor market later is positively associated with pro-activity during the unemployment period. The results are robust to various checks including estimators, measures and individual personality characteristics which can correlate with time-use activities.

Keywords: Life satisfaction; pro-activity; employment; labor markets (search for similar items in EconPapers)
JEL-codes: I31 J64 J69 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1142/S0217590821500132

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