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

Paolo Falco, William Maloney, Bob Rijkers and Mauricio Sarrias

No 10494, Documentos CEDE from Universidad de los Andes, Facultad de Economía, CEDE

Abstract: 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 underlyingrandom 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 disgruntledworkers.

Keywords: Subjective Wellbeing; Mixed Ordered Probit; Self-employment; Informality; Developing Country Labor Markets; Africa (search for similar items in EconPapers)
JEL-codes: C35 I32 J2 J3 J41 L26 (search for similar items in EconPapers)
Pages: 52
Date: 2010-01-17
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://repositorio.uniandes.edu.co/bitstream/handle/1992/8370/dcede2013-01.pdf

Related works:
Journal Article: Heterogeneity in subjective wellbeing: An application to occupational allocation in Africa (2015)
Working Paper: Heterogeneity in Subjective Wellbeing: An Application to Occupational Allocation in Africa (2012)
Working Paper: Heterogeneity in subjective wellbeing: an application to occupational allocation in Africa (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:col:000089:010494

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