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    The happiness of Young Australians: Empirical Evidence on the Role of Labour Market Experience

    Access Status
    Fulltext not available
    Authors
    Dockery, Alfred Michael
    Date
    2005
    Type
    Journal Article
    
    Metadata
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    Citation
    Dockery, Alfred Michael. 2005. The happiness of Young Australians: Empirical Evidence on the Role of Labour Market Experience. Economic Record 81 (255): pp. 322-335.
    Source Title
    Economic Record
    DOI
    10.1111/j.1475-4932.2005.00272.x
    ISSN
    00130249
    Faculty
    Curtin Business School
    School of Economics and Finance
    Remarks

    Copyright © 2005 John Wiley & Sons, Ltd.

    URI
    http://hdl.handle.net/20.500.11937/7139
    Collection
    • Curtin Research Publications
    Abstract

    Data from the Longitudinal Surveys of Australian Youth are used to investigate factors that influence young Australians' self-reported levels of 'happiness' during the school-to-work transition, focusing on the role of labour market experience. Panel logit models are fitted to control for individual effects. Fixed individual personality traits and marital status strongly influence reported happiness. There is evidence of declining well being with duration of unemployment and of the importance of job quality, rather than just having a job. The validity of Clark and Oswald's (1994)assertion that empirical findings from happiness research show that unemploymentis involuntary is questioned.

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