Селезнева Екатерина Борисовна
Образование, должности и почетные титулы:
Научные интересы: Happiness economics, inequality, economics of gender, demography, labor economics, com- parative studies.
Employment and its impact on life satisfaction through lens of risk and time preferences. In general, aggregate effect of work on life satisfaction reported is found to be positive (Rätzel, 2012). The current study has as an objective to investigate the role of individual risk-tolerance/aversion degree and time preferences on employment related decisions, as well as to address how these decisions translate into the subjective satisfaction level reported. The following hypotheses are to be tested: (1) Risk-tolerant individual are more likely to report a higher reservation wage (other human capital characteristics being controlled for) than risk-averse individuals; (2) Risk-tolerant individuals are more likely to report a match between their education and characteristics of a job they are employed at than more risk-averse individuals; (3) Risk-tolerant individuals are more likely to report higher satisfaction scores due to being employed than risk-averse individuals. Data come from “The STEP Skills Measurement Program” conducted by the World Bank. The data are collected include samples for Colombia, Vietnam, China, Sri Lanka, Bolivia, Armenia, Georgia, Ghana in 2012-2013. Targeted population includes those aged 15-64, whether employed or not. Variables of interest include Overall life satisfaction, Employment status, Reservation wage, Risk aversion and time preference questions, Family characteristics, as well as a number of personality traits.
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