Departmental Bulletin Paper SHOULD WE BLAME THE GRADUATES FOR THEIR UNEMPLOYMENT? A HAPPINESS APPROACH

LIM, HOCK-EAM  ,  DUAN, HONGBO

56 ( 2 )  , pp.243 - 258 , 2015-12 , Hitotsubashi University
ISSN:0018-280x
NCID:AA00207547
Description
This paper estimates change of happiness of Malaysian graduates who are in the stage of transition from university to labour market and tests the voluntary unemployment hypothesis using a happiness approach. It is found that a substantial deterioration in the graduate's happiness occurs during the transition. The change in happiness of unemployed graduates are not differ significantly from graduates who are self-employed, part-time or full-time employed with employment that does not commensurate with qualification. Thus, we could not reject the voluntary unemployment hypothesis and the graduates could be partially blamed for their unemployment.
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http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/27602/1/HJeco0560202430.pdf

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