Christopher M. Fleming

I'm Too Clever for this Job: A Bivariate Probit Analysis on Overeducation and Job Satisfaction in Australia

Using data from the first wave of the Household, Income and Labour Dynamics in Australia data set, this article establishes an empirical relationship between overeducation and workplace satisfaction for Australian adult males in the labour force. In a departure from much of the existing literature, both univariate and bivariate probit models are used to account for potential unobserved heterogeneity. We find that estimates in the univariate probit models are positively biased for three of the six measures of workplace satisfaction studied. This suggests that consideration should be given to the use of bivariate models when studying the determinants of workplace satisfaction and overeducation. Results show, although levels of satisfaction remain high, that across all measures of workplace satisfaction overeducated workers are less satisfied compared to their nonovereducated counterparts. This intimates that satisfaction levels should be viewed from a relative, rather than an absolute perspective. ‘Pleasure in the job puts perfection in the work’ Aristotle 384BC–322BC

Public greenspace and life satisfaction in urban Australia

This paper examines the influence of public greenspace on the life satisfaction of residents of Australia’s capital cities. A positive relationship is found between the percentage of public greenspace in a resident’s local area and their self-reported life satisfaction, on average corresponding to an implicit willingness-to-pay of

SINGLE SPECIES VERSUS MULTIPLE SPECIES MODELS: THE ECONOMIC IMPLICATIONS

1172 in annual household income for a 1 per cent (143 square metres) increase in public greenspace. Additional results suggest that the value of greenspace increases with population density and that lone parents and the less educated benefit to a greater extent from the provision of public greenspace than the general population. In all, these results support existing evidence that public greenspace is welfare enhancing for urban residents and adequate allowance should be made for its provision when planning urban areas.

Valuing Australia's protected areas: A life satisfaction approach

Ecologists frequently note the importance of modelling entire ecosystems rather than single species, but most bioeconomic models in the current literature focus on a single species. While the mathematical difficulty of multiple species may quickly become overwhelming, sometimes making the single species option necessary, it is important to recognise the significance of the single species assumption to the model results. In this paper, the authors address the economic significance of this assumption through the development of a multiple species model and demonstrate the importance of interrelationships and economic values to the survival of endangered species.

The Social Connectedness and Life Satisfaction Nexus: A Panel Data Analysis of Women in Australia

This paper uses the life satisfaction approach to value Australias protected areas, grouped by International Union for Conservation of Nature (IUCN) categories. We find significant positive life satisfaction effects of living in close proximity to protected areas in three of the seven categories. These life satisfaction effects correspond to implicit willingness-to-pays, in terms of annual household income, ranging from AUD

Life Satisfaction and Individual Willingness to Pay for Crime Reduction

2950 to AUD

The impact of changing climate on perennial crops: the case of tea production in Sri Lanka

9650 for a 1% increase in the extent of that category of protected area within an individuals local area. This study therefore provides insights for policy makers in estimating the benefits of non-market goods provision.

Immigrant occupational mobility in Australia

ABSTRACT This study explores the interplay between time pressures at home and at work, social connectedness, and well-being as reported by Australian women. Specifically, taking advantage of longitudinal data (from the Household, Income, and Labour Dynamics in Australia survey for the years 2001 to 2013) and employing the newly developed “blow up and cluster” estimation technique, this study finds there has been a marginal decline in the life satisfaction of Australian women. After accounting for changes in sociodemographic characteristics, a more pervasive negative trend in life satisfaction appears to be reported by both men and women, and both genders report higher levels of life satisfaction for greater levels of almost all measures of social connectedness. This study adds to a growing body of evidence pointing toward the importance of frequent and meaningful social connections to societal well-being, as well as the need to refocus attention on well-being in public-policy spheres.

The role of natural capital in supporting national income and social welfare

Manning M., Fleming C. M. and Ambrey C. L. Life satisfaction and individual willingness to pay for crime reduction, Regional Studies. This paper uses the life satisfaction approach to estimate the intangible cost of crime in the state of New South Wales, Australia. Results show that: (1) property crime is negatively associated with life satisfaction; (2) the implicit willingness to pay to decrease property crime by one offence per 1000 residents in the local government area (LGA) in the previous 12 months is A

The welfare cost of terrorism

82 per household (A