@misc{10481/31586, year = {2013}, month = {6}, url = {http://hdl.handle.net/10481/31586}, abstract = {This paper analyzes the relationship between labor status and individual satisfaction in Latin America. Existing evidence for developed countries shows that the self-employed report higher job satisfaction than the employed. The evidence, however, is less conclusive in terms of lifesatisfaction. Moreover, for Latin American countries, the evidence shows that self-employed individuals report lower life-satisfaction than employed individuals do. To clarify the effect of selfemployment on satisfaction, we use the Latinobarómetro survey 2007 for eighteen Latin American and Caribbean countries, considering the category self-employment as a heterogeneous category. Additionally, we control for the distinction between necessity and opportunity self-employed. Contrary to existing evidence, we find that not all self-employed individuals are more satisfied than employed individuals. Specifically, we find evidence revealing that, compared to workers in paid employment (i) precarious self-employed workers are as satisfied as the employed with their life but less with job and household income; (ii) self-employed professionals are more satisfied than the employed only with their incomes; (iii) business owners are more satisfied with their lives, income and job; and (iv) self-employed famers and fisherman are less satisfied with their jobs and income.}, organization = {The financial support from the Spanish Ministry of Science and Innovation (ECO2010-17049) to M. Teresa García-Muñoz and from the Spanish Ministry of Science and Innovation through grant ECO2012-33993 to Ana I. Moro-Egido is gratefully acknowledged.}, publisher = {Universidad de Granada. Departamento de Teoría e Historia Económica}, keywords = {Labor informality}, keywords = {Voluntary us involuntary self-employment}, keywords = {Life a job satisfaction}, title = {Heterogeneous self-employment and subjective well-being: evidence from Latin America}, author = {Cortés Aguilar, Alexandra and García-Muñoz, Teresa and Moro Egido, Ana Isabel}, }