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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title The Role of Social Work Norms in Job Searching and Subjective Well-Being
Organization Unit
Authors
  • Alois Stutzer
  • Rafael Lalive
Language
  • English
Institution University of Zurich
Series Name Working paper series / Institute for Empirical Research in Economics
Number No. 51
ISSN 1424-0459
Date 2003
Abstract Text Social norms are usually neglected in economics, because they are to anlarge extent enforced through non-market interactions and difficult to isolatenempirically. In this paper, we offer a direct measure of the social norm to work andnwe show that this norm has important economic effects. The stronger the norm, thenmore quickly unemployed people find a new job. This behavior can be explained bynutility differences, probably due to social pressure. Unemployed people arensignificantly less happy than employed people and their reduction in life satisfactionnis the larger, the stronger the norm is.
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