Green, Colin and Heywood, John (2011) Flexible contracts and subjective well-being. Economic Inquiry, 49 (3). pp. 716-729. ISSN 0095-2583Full text not available from this repository.
Theory suggests that when workers choose between permanent and flexible contracts, their utility should tend to equalize across contract types. New estimates of job satisfaction show the critical role played by unmeasured worker heterogeneity. They reveal that flexible contracts are a strong negative determinant of satisfaction with job security but are often a positive determinant of other dimensions of job satisfaction. As a consequence, flexible contracts have either a weak negative influence or no influence on overall job satisfaction. Moreover, flexible contracts generally have no impact on overall life satisfaction of the employed. These results appear broadly consistent with the presence of equalizing differences. (JEL J28, J41)
|Journal or Publication Title:||Economic Inquiry|
|Departments:||Lancaster University Management School > Economics|
|Deposited On:||11 Jul 2011 19:30|
|Last Modified:||16 Mar 2015 10:02|
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