The Job Satisfaction-Life Satisfaction Relationship Revisited: Using the Lewbel Estimation Technique to Estimate Causal Effects Using Cross-Sectional Data

Vinod Mishra, Ingrid Nielsen, Russell Smyth and Alexander Newman

No 26-14, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: This paper uses a novel identification strategy proposed by Lewbel (2012, J. Bus. Econ. Stat.) to illustrate how causation between job satisfaction and life satisfaction can be established with cross-sectional data. In addition to examining the relationship between composite job satisfaction and life satisfaction, we consider the relationship between life satisfaction and different facets of job satisfaction. We find evidence of bidirectional causality between job satisfaction and life satisfaction and mixed evidence of causation between life satisfaction and different facets of job satisfaction.

Keywords: Job satisfaction; life satisfaction; causality. (search for similar items in EconPapers)
Pages: 41 pages
Date: 2014-09
New Economics Papers: this item is included in nep-hap
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Citations: View citations in EconPapers (16)

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