How perceptions of labor market opportunities predict happiness: evidence from natural field experiments.

ABSTRACT:

Introduction

Subjective variables related to the labor market have long been recognized to be strongly associated with individuals' happiness. However, most existing research relied on correlational analyses, which have been insufficient in establishing causation. Establishing causal links is crucial for disentangling reverse causality as well as addressing order-of-effect and omitted variable biases, thereby determining whether and how subjective labor market perceptions directly impact happiness. Moreover, prior studies have primarily focused on personal labor market concerns, largely overlooking perceptions of labor market opportunities at the macro level. Recognizing these broader perceptions is vital for understanding behavioral outcomes at both individual and societal levels,

SUBMITTER: Fernandez-Urbano R 

PROVIDER: S-EPMC12061025 | biostudies-literature | 2025

REPOSITORIES: biostudies-literature