The Employment Effects of Happiness——An empirical study on happiness, employment and recessive reemployment
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| Title | The Employment Effects of Happiness——An empirical study on happiness, employment and recessive reemployment
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| Author | Li Shu and Chen Gang |
| Organization | Southwest University of Political Science and Law |
| Email | lishu575@hotmail.com； |
| Key Words | Happiness; Employment; Recessive Reemployment; Social Capital; Job Search |
| Abstract | The happiness is not only the goal of life, but the determinant of the people’s behavior. Based on CHIP data, this paper investigates the impacts of happiness on individual’s employment and recessive reemployment probability in China. The instrumental variables estimates indicate that it does increase individual’s employment and recessive reemployment probability significantly. And it is realized by promoting individual’s social capital and job search. So, the transition of Chinese economic growth mode to improve people’s livelihood and happiness, can release the structural contradictions in labor market in some sense without intensifying the employment pressure. |
| Serial Number | WP810 |
| Time | 2015-02-03 |
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