Abstract
Following a group of 2,973 Australian unemployed job seekers over time, we confirm predictions from Self-Determination Theory, Conservation of Resources Theory and Scarcity Theory that the presence of financial hardship during job search adversely affects job search quality and subsequently job search effectiveness (measured one year later). We show the importance in labor market research of controlling for a range of confounding factors including the impact of financial hardship on job search intensity. The implemented controls allow more precise inferences of the effect of financial hardship on job search quality/effectiveness, than so far achieved in this emerging body of literature.
| Original language | English |
|---|---|
| Article number | 102508 |
| Number of pages | 14 |
| Journal | Journal of Economic Psychology |
| Volume | 90 |
| Issue number | 102508 |
| Early online date | Jun 2022 |
| DOIs | |
| Publication status | Published - Jun 2022 |
JEL classifications
- j28 - "Safety; Job Satisfaction; Related Public Policy"
- j08 - Labor Economics Policies
- j64 - Unemployment: Models, Duration, Incidence, and Job Search
- j32 - "Nonwage Labor Costs and Benefits; Private Pensions"
Keywords
- Confounding relationships
- Financial hardship
- Job search effectiveness
- Job search quality
- Unemployment
- HILDA SURVEY
- PERSONALITY
- REEMPLOYMENT
- LONE PARENTS
- UNEMPLOYMENT DURATION
- MOTIVATION
- STRATEGIES
- COEFFICIENT
- CASH-ON-HAND
- SELF-DETERMINATION THEORY