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Life Satisfaction and Noncognitive Skills: Effects on the Likelihood of Unemployment
Kyklos ( IF 1.796 ) Pub Date : 2020-03-17 , DOI: 10.1111/kykl.12226
Kelsey J. O'Connor 1
Affiliation  

Psychological measures are gaining recognition as important determinants of labor performance. This paper demonstrates that people reporting greater subjective well‐being (SWB) are causally less likely to be unemployed in the future. The relation exhibits a meaningful magnitude relative to the mean unemployment rate and other determinants. The analysis is based on a longitudinal survey of German households over the period 1996‐2013 (German Socio‐Economic Panel). Analyses include separate dynamic and fixed‐effects regressions, and two instrumental variable approaches. Together, this sample and set of analyses, makes it possible to assess the relation for previously unstudied groups and to assess different mechanisms. Indeed the relation exhibits considerable heterogeneity. It is quadratic and substantially greater for students and people that are presently unemployed (compared to their counterparts). Fixed effects regressions indicate that SWB affects future unemployment in part through within‐person changes in the Big‐Five personality traits (e.g., conscientiousness or emotional stability) but not cognitive ability. The results imply SWB may be used as a proxy for alternative psychological predictors of performance, which is important because SWB is more broadly available than many alternatives (e.g., the Big Five). What is more, policy makers have additional reasons to promote SWB.

中文翻译:

生活满意度和非认知技能:对失业可能性的影响

心理测量作为劳动绩效的重要决定因素正在获得认可。本文表明,报告更高主观幸福感 (SWB) 的人未来失业的可能性较小。相对于平均失业率和其他决定因素,这种关系表现出有意义的幅度。该分析基于 1996 年至 2013 年期间对德国家庭的纵向调查(德国社会经济小组)。分析包括单独的动态和固定效应回归,以及两种工具变量方法。一起,这个样本和一组分析,可以评估以前未研究的群体的关系并评估不同的机制。事实上,这种关系表现出相当大的异质性。对于学生和目前失业的人(与他们的同行相比),它是二次方的,而且要大得多。固定效应回归表明,主观幸福感在一定程度上通过大五人格特质(例如,尽责性或情绪稳定性)的人内变化而不是认知能力影响未来的失业。结果表明,主观幸福感可以用作绩效的替代心理预测指标的代理,这很重要,因为幸福感比许多替代方案(例如,五巨头)更广泛可用。此外,政策制定者还有其他理由来促进 SWB。尽责性或情绪稳定性),但不是认知能力。结果表明,主观幸福感可以用作绩效的替代心理预测指标的代理,这很重要,因为幸福感比许多替代方案(例如,五巨头)更广泛可用。此外,政策制定者还有其他理由来促进 SWB。尽责性或情绪稳定性),但不是认知能力。结果表明,主观幸福感可以用作绩效的替代心理预测指标的代理,这很重要,因为幸福感比许多替代方案(例如,五巨头)更广泛可用。此外,政策制定者还有其他理由来促进 SWB。
更新日期:2020-03-17
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