Well-being and unemployment in Russia in the 1990s: Can society's suffering be individuals’ solace?

Eggers, Andrew C.; Gaddy, Clifford G.; Graham, Carol

doi:10.1016/j.socec.2005.11.059

Cited by 84 publications

(51 citation statements)

References 23 publications

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“…Similarly, Stutzer and Lalive (2004) find that unemployed respondents are less happy in cantons that have voted to reduce unemployment benefits in Switzerland (controlling for benefit levels), as the stigma from unemployment is higher. Eggers, Gaddy, and Graham (2006) find that both employed and unemployed respondents are happier in regions with higher unemployment rates in Russia. 44 We, too, find positive effects of general unemployment on happiness in Latin America, both using an unemployment rate calculated from our own data and the latest statistics available from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).…”

Section: Unemploymentmentioning

confidence: 78%

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Measuring Quality of Life in Latin America: What Happiness Research Can (and Cannot) Contribute

Graham

2008

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The views and interpretations in this document are those of the authors and should not be attributed to the Inter-American Development Bank, or to any individual acting on its behalf. This paper may be freely reproduced provided credit is given to the Research Department, InterAmerican Development Bank. Terms of use: Documents inThe Research Department (RES) produces a quarterly newsletter, IDEA (Ideas for Development in the Americas), as well as working papers and books on diverse economic issues. To obtain a complete list of RES publications, and read or download them please visit our web site at: http://www.iadb.org/res. 3 Abstract * This paper addresses the issues involved in taking a broader, quality of life-based approach rather than an income-based approach to assessing welfare. Using tools provided by the economics of happiness and relying on both large-scale surveys and field research in Latin America, the paper shows how a quality of life approach can help to evaluate the welfare effects of factors ranging from health, education, and unemployment status to institutional arrangements such as inequality and opportunity. Nonetheless, directly inferring policy implications from the results is problematic because of factors including norms and expectations based on differences in the way individuals answer questions to surveys and lack of clarity in the definition of happiness. The latter allows for research comparisons across individuals and cultures but presents challenges as a basis for policymaking.

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Section: Unemploymentmentioning

confidence: 78%

“…43 Clark and Oswald (1994). 44 Stutzer and Lalive (2004); Eggers, Gaddy, and Graham (2006). high or low Gini country.…”

Section: Unemploymentmentioning

confidence: 99%

Measuring Quality of Life in Latin America: What Happiness Research Can (and Cannot) Contribute

Graham

2008

SSRN Journal

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“…For example, the unemployed in Britain are less unhappy when the regional unemployment rate, which approximates the strength of the social norm, is higher (Clark and Oswald 1994;Clark 2003;Shields and Price 2005). This result holds across different countries such as Australia (Shields et al 2009), South Africa (Powdthavee 2007), Germany , and Russia (Eggers et al 2006). For Russia, Eggers et al (2006) demonstrate that high regional unemployment rates mitigate the individual well-being effects of unemployment and precarious employment and Grogan and Koka (2013) find that men face stigma in some non-market activities, suggesting that the effects of unemployment on SWB are more severe for men than for women.…”

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confidence: 89%

Employment, late-life work, retirement, and well-being in Europe and the United States

Nikolova

Graham

2014

IZA J Labor Stud

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Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and underemployment, aging populations, and unsustainable public pension systems in welfare states around the world. We examine the relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using Gallup World Poll data for several European countries and the United States. We find that voluntary part-time workers are happier, experience less stress and anger, and have higher job satisfaction than other employees. Using statistical matching, we show that late-life workers under voluntary part-time or full-time arrangements have higher well-being than retirees. There is no well-being premium for involuntary late-life work and self-employment compared to retirement, however. Our findings inform ongoing debates about the optimal retirement age and the fiscal burdens of public pension systems.

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“…There is a large literature describing the economic effects of transition on many aspects of economic life of different groups in Russia's population (see, for instance, a collection of papers in Aslund and Kuchins, 2009; and references cited therein; Commander et al, 1999;Eggers et al, 2006). Two recent studies, Shleifer and Treisman (2005) and , summarize data from a multitude of sources to illustrate the economic success of Russia's transition.…”

Section: Introductionmentioning

confidence: 99%

What do Russians think about transition?¹

Денисова¹,

Eller²,

Zhuravskaya³

2010

Economics of Transition

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Dissertation zur Erlangung des akademischen Grades CompendiumThis PhD dissertation addresses in a sequence of five essays the question how fiscal policy and economic output are interrelated in emerging Europe and how this relationship is shaped by the respective politico-economic environment and the individual-level support for economic reforms. Four out of these five papers have already been published. They are reprinted in this dissertation in the format of the respective journal version. Reprint permissions have been granted by the publishers. This compendium sets the stage and motivates in Section 1.1 the just mentioned research question in the light of the developments during the 2008-09 so-called "Great Recession" (attributed to Paul Krugman). Section 1.2 outlines the various dimensions of the underlying analytical debate, from which the structure of the five essays has been derived, summarizes the main findings and emphasizes the value added of the research provided in each essay in comparison to existing studies. Fiscal Policy and the Great RecessionAlready before the Great Recession an intensive analytical debate on the macroeconomic impact of fiscal policy had emerged in Europe. At that time the structural composition of fiscal policies and the appropriate design of budgetary reforms in the light of aging societies dominated the debate. For instance, the so-called "Lisbon Strategy" aimed to improve economic performance within the European Union (EU) and assigned public finances an important role to enhance employment and economic growth (see http://ec.europa.eu/archives/growthandjobs_2009).The Great Recession has then sparked renewed interest in fiscal policy. The extraordinary intensity of the downturn forced the implementation of sizable fiscal stimulus packages at the beginning of the crisis. Headline fiscal positions strongly deteriorated (not only due to discretionary fiscal expansion but also, if not mainly, due to the operation of automatic stabilizers). A few EU countries, especially those that had maintained elevated public debt levels already in 2008, experienced severe sovereign solvency pressures in 2010. These problems heralded a new stage of the crisis, during which the original private sector solvency problems eventually spilled over to the public sector. As a consequence, all EU countries are currently confronted with the challenge to implement decisive fiscal action to consolidate their budgets, a process that will have to continue in most countries until 2012-13.The Great Recession posed also demanding challenges for an appropriate fiscal policy reaction in emerging Europe -a region where for the first time since the start of transition in the early 1990s the capacities of public finance systems were put under real pressure. Europe (CESEE) 1 were severely hit by the crisis -though quite heterogeneously: while Poland is the only EU country whose economy continued to grow, the three Baltic countries experienced a double-digit decline of real GDP, amounting in Latvia to as much as 18 % i...

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Well-being and unemployment in Russia in the 1990s: Can society's suffering be individuals’ solace?

Cited by 84 publications

References 23 publications

Measuring Quality of Life in Latin America: What Happiness Research Can (and Cannot) Contribute

Measuring Quality of Life in Latin America: What Happiness Research Can (and Cannot) Contribute

Employment, late-life work, retirement, and well-being in Europe and the United States

What do Russians think about transition?¹

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Well-being and unemployment in Russia in the 1990s: Can society's suffering be individuals’ solace?

Cited by 84 publications

References 23 publications

Measuring Quality of Life in Latin America: What Happiness Research Can (and Cannot) Contribute

Measuring Quality of Life in Latin America: What Happiness Research Can (and Cannot) Contribute

Employment, late-life work, retirement, and well-being in Europe and the United States

What do Russians think about transition?1

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What do Russians think about transition?¹