Fakultäten » Wirtschaftswissenschaftliche Fakultät » Volkswirtschaftslehre, Institut für » Prof. Dr. Rainer Winkelmann » Winkelmann
| Title / Titel | Self-selection models for public and private sector job satisfaction | ||||
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| Abstract (PDF, 14 KB) | |||||
| Summary / Zusammenfassung | We develop a class of copula-based ordered probit models with endogenous switching. Such models can be useful for the analysis of self-selection in subjective well-being equations in general, and job satisfaction in particular, where assignment of regressors may be endogenous rather than random, resulting from individual maximization of well-being. In an application to public and private sector job satisfaction, and using data on male workers from the German Socio-Economic Panel for 2004, and using two alternative copula functions for dependence, we find consistent evidence for endogenous sector selection. |
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| Project leadership and contacts / Projektleitung und Kontakte |
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| Funding source(s) / Unterstützt durch |
Universität Zürich (position pursuing an academic career) |
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| In collaboration with / In Zusammenarbeit mit |
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| Duration of Project / Projektdauer | Jan 2007 to Jun 2009 |