Heterogeneity in subjective wellbeing: An application to occupational allocation in Africa

• Published in: Journal of economic behavior & organization Vol. 111; pp. 137 - 153
• Main Authors: Falco, Paolo, Maloney, William F., Rijkers, Bob, Sarrias, Mauricio
• Format: Journal Article
• Language: English
• Published: Amsterdam Elsevier B.V 01.03.2015; Elsevier; Elsevier Sequoia S.A
• Subjects: Africa; Developing country labor market; Developing country labor markets; Employee attitude; Employment; Informal economy; Informality; Mixed ordered probit; Parameter estimation; Quality of work; Self-employment; Small business; Stochastic models; Studies; Subjective wellbeing; Ghana; Africa; Self-employment; C35; J41; Subjective wellbeing; Informality; Africa; J2; J3; I32; L26; Mixed ordered probit; Developing country labor markets; 017

•Using mixed ordered probit estimators and panel data, we examine the distribution of subjective well-being across sectors of employment in Ghana.•We find little evidence for the overall inferiority of the small scale informal sector relative to the formal salaried sector at the conditional mean.•Be...