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The Impact of Precarious Work on Subjective Well-Being across Europe: Does Labour Legislation Matter?
This paper deals with the interdependence of precarious wok and subjective well-being in European countries based on European Social Survey data of 2010. The goal of the paper was to disclose the cross-countries relation of subjective well-being and precarious work through labour market institutions measured by the Employment protection legislation indices, produced by OECD in 2010. In line with previous research, the study demonstrates the negative impact of precarious jobs on subjective well-being. However, the main findings contribute to the literature by identifying different results for countries with strict and liberal employment legislations. Temporary employment negatively affects subjective well-being in countries with rigid employment protection legislation, while we do not see this effect for countries with liberal labour legislation.