Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes
A burgeoning literature explores the extent to which consumption or income inadequately reflect people's subjective wellbeing, just as GDP at times can provide an incomplete and misleading picture of national wellbeing. Scholars are increasing...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/10/18425196/subjective-wellbeing-colombia-some-insights-vulnerability-job-security-relative-incomes http://hdl.handle.net/10986/16887 |
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okr-10986-16887 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTABILITY AGE GROUP AGE GROUPS ANXIETY ARMED CONFLICT BASIC NEEDS CASH TRANSFERS CITIZENS CRIME CROSS-SECTIONAL DATA DEMOCRACY DEMOGRAPHIC FACTORS DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT POLICY DISABILITY DISCRIMINATION DIVORCE ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC INSECURITIES ECONOMIC INSECURITY ECONOMIC MOBILITY ECONOMIC SHOCKS ECONOMIC STATUS EMPLOYABILITY EMPLOYMENT STATUS FAMILY RELATIONS FARMERS FINDING EMPLOYMENT GDP GENDER DIFFERENCES HEALTH INSURANCE HEALTH SERVICES HOUSEHOLD INCOME HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN WELFARE ILLNESS IMPORTANCE OF EDUCATION INCOME DISTRIBUTION INSURANCE SCHEMES JOB LOSS JOB SEARCH JOB SECURITY LABOR MARKET LABORERS LEVEL OF EDUCATION LEVELS OF EDUCATION MEASURES OF POVERTY MEDICAL SERVICES MIGRANT MIGRANTS MIGRATION MUTUAL RESPECT NATIONAL GOVERNMENT NATIONAL POVERTY NATIONAL POVERTY LINE NUMBER OF CHILDREN OCCUPATION OCCUPATIONS PEACE PERSONALITY PHYSICAL HEALTH POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLITICAL PARTICIPATION POOR POVERTY REDUCTION PRIMARY EDUCATION PRIMARY SAMPLING UNITS PRIVATE SECTOR PROBIT REGRESSION PROBIT REGRESSIONS PROGRAMS PROGRESS PROPENSITY SCORE MATCHING PUBLIC EDUCATION PUBLIC HEALTH PUBLIC HEALTH SERVICES PUBLIC OPINION PUBLIC SECTOR WORKERS QUALITY OF LIFE REDUCING POVERTY REMITTANCES REMOTE AREAS RURAL RURAL AREAS SAFETY NET SAFETY NETS SANITATION SELF-ESTEEM SERVICE DELIVERY SEX SKILLS DEVELOPMENT SOCIAL FACTORS SOCIAL PROGRESS SOCIAL TENSIONS SPATIAL DISTRIBUTION STABLE JOBS TRAUMA UNEMPLOYED UNEMPLOYMENT UNIVERSAL ACCESS URBAN AREAS VIOLENCE VULNERABILITY WELFARE INDICATORS WELL BEING WELL-BEING WELLBEING WORK ENVIRONMENT WORKER WORKERS life satisfaction |
| spellingShingle |
ACCOUNTABILITY AGE GROUP AGE GROUPS ANXIETY ARMED CONFLICT BASIC NEEDS CASH TRANSFERS CITIZENS CRIME CROSS-SECTIONAL DATA DEMOCRACY DEMOGRAPHIC FACTORS DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT POLICY DISABILITY DISCRIMINATION DIVORCE ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC INSECURITIES ECONOMIC INSECURITY ECONOMIC MOBILITY ECONOMIC SHOCKS ECONOMIC STATUS EMPLOYABILITY EMPLOYMENT STATUS FAMILY RELATIONS FARMERS FINDING EMPLOYMENT GDP GENDER DIFFERENCES HEALTH INSURANCE HEALTH SERVICES HOUSEHOLD INCOME HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN WELFARE ILLNESS IMPORTANCE OF EDUCATION INCOME DISTRIBUTION INSURANCE SCHEMES JOB LOSS JOB SEARCH JOB SECURITY LABOR MARKET LABORERS LEVEL OF EDUCATION LEVELS OF EDUCATION MEASURES OF POVERTY MEDICAL SERVICES MIGRANT MIGRANTS MIGRATION MUTUAL RESPECT NATIONAL GOVERNMENT NATIONAL POVERTY NATIONAL POVERTY LINE NUMBER OF CHILDREN OCCUPATION OCCUPATIONS PEACE PERSONALITY PHYSICAL HEALTH POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLITICAL PARTICIPATION POOR POVERTY REDUCTION PRIMARY EDUCATION PRIMARY SAMPLING UNITS PRIVATE SECTOR PROBIT REGRESSION PROBIT REGRESSIONS PROGRAMS PROGRESS PROPENSITY SCORE MATCHING PUBLIC EDUCATION PUBLIC HEALTH PUBLIC HEALTH SERVICES PUBLIC OPINION PUBLIC SECTOR WORKERS QUALITY OF LIFE REDUCING POVERTY REMITTANCES REMOTE AREAS RURAL RURAL AREAS SAFETY NET SAFETY NETS SANITATION SELF-ESTEEM SERVICE DELIVERY SEX SKILLS DEVELOPMENT SOCIAL FACTORS SOCIAL PROGRESS SOCIAL TENSIONS SPATIAL DISTRIBUTION STABLE JOBS TRAUMA UNEMPLOYED UNEMPLOYMENT UNIVERSAL ACCESS URBAN AREAS VIOLENCE VULNERABILITY WELFARE INDICATORS WELL BEING WELL-BEING WELLBEING WORK ENVIRONMENT WORKER WORKERS life satisfaction Krauss, Alexander Graham, Carol Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes |
| geographic_facet |
Latin America & Caribbean Colombia |
| relation |
Policy Research Working Paper;No. 6672 |
| description |
A burgeoning literature explores the
extent to which consumption or income inadequately reflect
people's subjective wellbeing, just as GDP at times can
provide an incomplete and misleading picture of national
wellbeing. Scholars are increasingly using data on
subjective wellbeing to complement traditional welfare
indicators and to enrich our understanding of wellbeing and
quality of life. The paper builds on the present research
but it analyzes a much broader, more interdisciplinary, and
more policy-relevant range of potential determinants
simultaneously than currently existing in the literature on
subjective wellbeing. It first analyzes the relative
importance of a wide range of characteristics and conditions
at the individual, household, regional and macro levels on
levels of subjective wellbeing in Colombia in 2010/11; and
second, assesses the marginal effects of a number of factors
on perceived changes in levels of subjective wellbeing over
time for the same respondents from 2008/09 to 2010/11.
Findings show that increasing the quality of life of
Colombians is largely conditional on minimizing risks and
vulnerabilities: reducing the rate and duration of
unemployment; improving the delivery of public health
services; increasing the share of people with health and
pension plans; enhancing safety and security in communities;
and reducing levels of discrimination. It finds that job
loss has particularly strong effects on levels of
satisfaction that are larger than those for increased
income, while also controlling for a decrease in income that
is often related to being unemployed, suggesting that the
human welfare (non-pecuniary) costs of unemployment are
driving the strong effects. Moreover, any job, even a
low-quality job, is overall better for one's subjective
wellbeing than being unemployed. Finally, policy aimed at
improving people's subjective wellbeing will likely
have the greatest impact if focused on mitigating
vulnerabilities and negative shocks that people face. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Krauss, Alexander Graham, Carol |
| author_facet |
Krauss, Alexander Graham, Carol |
| author_sort |
Krauss, Alexander |
| title |
Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes |
| title_short |
Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes |
| title_full |
Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes |
| title_fullStr |
Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes |
| title_full_unstemmed |
Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes |
| title_sort |
subjective wellbeing in colombia : some insights on vulnerability, job security, and relative incomes |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/10/18425196/subjective-wellbeing-colombia-some-insights-vulnerability-job-security-relative-incomes http://hdl.handle.net/10986/16887 |
| _version_ |
1764434813235757056 |
| spelling |
okr-10986-168872021-04-23T14:03:32Z Subjective Wellbeing in Colombia : Some Insights on Vulnerability, Job Security, and Relative Incomes Krauss, Alexander Graham, Carol ACCOUNTABILITY AGE GROUP AGE GROUPS ANXIETY ARMED CONFLICT BASIC NEEDS CASH TRANSFERS CITIZENS CRIME CROSS-SECTIONAL DATA DEMOCRACY DEMOGRAPHIC FACTORS DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT POLICY DISABILITY DISCRIMINATION DIVORCE ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC INSECURITIES ECONOMIC INSECURITY ECONOMIC MOBILITY ECONOMIC SHOCKS ECONOMIC STATUS EMPLOYABILITY EMPLOYMENT STATUS FAMILY RELATIONS FARMERS FINDING EMPLOYMENT GDP GENDER DIFFERENCES HEALTH INSURANCE HEALTH SERVICES HOUSEHOLD INCOME HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN WELFARE ILLNESS IMPORTANCE OF EDUCATION INCOME DISTRIBUTION INSURANCE SCHEMES JOB LOSS JOB SEARCH JOB SECURITY LABOR MARKET LABORERS LEVEL OF EDUCATION LEVELS OF EDUCATION MEASURES OF POVERTY MEDICAL SERVICES MIGRANT MIGRANTS MIGRATION MUTUAL RESPECT NATIONAL GOVERNMENT NATIONAL POVERTY NATIONAL POVERTY LINE NUMBER OF CHILDREN OCCUPATION OCCUPATIONS PEACE PERSONALITY PHYSICAL HEALTH POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLITICAL PARTICIPATION POOR POVERTY REDUCTION PRIMARY EDUCATION PRIMARY SAMPLING UNITS PRIVATE SECTOR PROBIT REGRESSION PROBIT REGRESSIONS PROGRAMS PROGRESS PROPENSITY SCORE MATCHING PUBLIC EDUCATION PUBLIC HEALTH PUBLIC HEALTH SERVICES PUBLIC OPINION PUBLIC SECTOR WORKERS QUALITY OF LIFE REDUCING POVERTY REMITTANCES REMOTE AREAS RURAL RURAL AREAS SAFETY NET SAFETY NETS SANITATION SELF-ESTEEM SERVICE DELIVERY SEX SKILLS DEVELOPMENT SOCIAL FACTORS SOCIAL PROGRESS SOCIAL TENSIONS SPATIAL DISTRIBUTION STABLE JOBS TRAUMA UNEMPLOYED UNEMPLOYMENT UNIVERSAL ACCESS URBAN AREAS VIOLENCE VULNERABILITY WELFARE INDICATORS WELL BEING WELL-BEING WELLBEING WORK ENVIRONMENT WORKER WORKERS life satisfaction A burgeoning literature explores the extent to which consumption or income inadequately reflect people's subjective wellbeing, just as GDP at times can provide an incomplete and misleading picture of national wellbeing. Scholars are increasingly using data on subjective wellbeing to complement traditional welfare indicators and to enrich our understanding of wellbeing and quality of life. The paper builds on the present research but it analyzes a much broader, more interdisciplinary, and more policy-relevant range of potential determinants simultaneously than currently existing in the literature on subjective wellbeing. It first analyzes the relative importance of a wide range of characteristics and conditions at the individual, household, regional and macro levels on levels of subjective wellbeing in Colombia in 2010/11; and second, assesses the marginal effects of a number of factors on perceived changes in levels of subjective wellbeing over time for the same respondents from 2008/09 to 2010/11. Findings show that increasing the quality of life of Colombians is largely conditional on minimizing risks and vulnerabilities: reducing the rate and duration of unemployment; improving the delivery of public health services; increasing the share of people with health and pension plans; enhancing safety and security in communities; and reducing levels of discrimination. It finds that job loss has particularly strong effects on levels of satisfaction that are larger than those for increased income, while also controlling for a decrease in income that is often related to being unemployed, suggesting that the human welfare (non-pecuniary) costs of unemployment are driving the strong effects. Moreover, any job, even a low-quality job, is overall better for one's subjective wellbeing than being unemployed. Finally, policy aimed at improving people's subjective wellbeing will likely have the greatest impact if focused on mitigating vulnerabilities and negative shocks that people face. 2014-02-04T20:08:23Z 2014-02-04T20:08:23Z 2013-10 http://documents.worldbank.org/curated/en/2013/10/18425196/subjective-wellbeing-colombia-some-insights-vulnerability-job-security-relative-incomes http://hdl.handle.net/10986/16887 English en_US Policy Research Working Paper;No. 6672 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Colombia |