Effects of positive attitude and optimism on wage and employment: A double selection approach

Madhu Sudan Mohanty

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Effects of positive attitude and optimism on wage and employment: A double selection approach

机译：积极态度和乐观情绪对工资和就业的影响：双重选择方法

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Using two samples from the 1979 National Longitudinal Survey of Youth (NLSY79), a longitudinal data set from the United States, and following a double selection approach, the current study estimates the worker's employment and wage equations simultaneously with positive attitude and optimism as additional explanatory variables. Modeling employment as a bivariate decision process, the study examines different factors that influence the worker's labor market participation decision, the employer's hiring decision and the wage rate. The study finds the evidence that the worker's positive attitude and optimism affect the worker's employment probability from different angles: the former through the participation decision and the latter through the hiring decision. Following an alternative approach, this study also provides strong support to the earlier finding that positive attitude affects the worker's wage positively. Interestingly, the effects of attitude variables on the worker's wage are found to be quite comparable in magnitude to the wage effects of the traditional human capital variables.

机译：本研究使用1979年美国国家纵向青年调查（NLSY79）的两个样本（美国的纵向数据集），并采用双重选择方法，同时估计了工人的就业和工资等式，同时以积极的态度和乐观的态度作为补充说明。变量。该研究将就业建模为双变量决策过程，研究了影响工人的劳动力市场参与决策，雇主的雇用决策和工资率的不同因素。该研究发现证据表明，工人的积极态度和乐观情绪从不同的角度影响工人的就业概率：前者通过参与决策，后者通过雇用决策。采用替代方法后，本研究还为早期发现提供了强有力的支持，即积极态度会积极影响工人的工资。有趣的是，人们发现态度变量对工人工资的影响在规模上与传统人力资本变量的工资影响相当。

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《Journal of socio-economics》 |2012年第3期|p.304-316|共13页
作者
Madhu Sudan Mohanty;
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作者单位

California State University, Los Angeles, 5151 State University Drive, Los Angeles, CA 90032, United States;

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正文语种 eng
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关键词
positive attitude; optimism; bivariate probit; partial observability; double selection;

机译：积极的态度;乐观;双变量概率部分可观察性;双重选择;

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Effects of positive attitude and optimism on wage and employment: A double selection approach

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