Journal of Scientific Papers


© CSR, 2008-2019
ISSN 2071-789X

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Strike Plagiarism

  • General Founder and Publisher:

    Centre of Sociological Research


  • Publishing Partners:

    University of Szczecin (Poland)

    Széchenyi István University, (Hungary)

    Mykolas Romeris University (Lithuania)

    Alexander Dubcek University of Trencín (Slovak Republic)

  • Membership:

    American Sociological Association

    European Sociological Association

    World Economics Association (WEA)




Job satisfaction and subjective well-being in Europe

Vol. 12, No 4, 2019

Massimo Cannas,


University of Cagliari, Italy


Job satisfaction and subjective well-being in Europe


Bruno S. Sergi,


Harvard University, USA 

& University of Messina, Italy


Emiliano Sironi,


Università Cattolica del Sacro Cuore, Italy


Urszula Mentel,


Rzeszów University of Technology, Poland




Abstract. This paper goes through some recent developments in the field of management science and economics of well-being, trying to prove a link between working conditions and subjective well-being. Using the fifth round of the European Social Survey, which is the most recent set of data with a module focusing on the inter-relations between work, family and well-being, this paper uses an instrumental variable approach to estimate the effect of job satisfaction on subjective Well-being. The direction of the relationship between these two variables has always been controversial because of endogeneity. Results, also exploring the role of working contract and welfare systems, allow for isolating a considerable influence on job satisfaction in increasing people's subjective well-being. Results are robust even if the restriction condition is violated. Job satisfaction increases subjective well-being even if the instrumental variables are not uncorrelated with the error of the main equation.


Received: August, 2019

1st Revision: August, 2019

Accepted: October, 2019


DOI: 10.14254/2071-789X.2019/12-4/11

JEL ClassificationJ28, I31

Keywords: job satisfaction, subjective wellbeing, management, instrumental variables, validity of the instruments, European Social Survey