The Economic Value of Time: Evidence from Africa

When excessive and inefficiently implemented, government interventions can result in significant economic losses for citizens. These include the often‐significant cost of lost time. This paper thus aims to estimate the potential economic welfare benefit of reducing public office waiting times. Based on data from Johannesburg, Lagos and Addis Ababa, we show that a one‐hour reduction in waiting time improves welfare by 66‐74% of the average local wage. High‐income earners, college graduates and private‐sector employees enjoy higher gains. Moreover, we note that the proxies currently used to quantify time‐saving benefits diverge significantly from the rate at which individuals substitute time for money. Our analysis also indicated a substantial delay‐induced citywide efficiency loss. Introducing public–private partnership and charging premium fees for faster service delivery are justifiable both on grounds of equity and efficiency.     

Are women really that happy at work? Australian evidence on the ‘contented female’

This article investigates the apparent paradox of females possessing higher levels of job satisfaction compared to their male counterparts despite possessing worse employment outcomes. Postulating that the female workforce is heterogeneous by age, education and the presence of children, we create four groups; the aggregated, young and childless, young with children and the educated. The article finds statistical evidence of significant gender differences, though not uniformly so. Econometric results, however, paint a muddier picture, indicating that statistical results alone should not be used to categorically report incidences of gender differences in job satisfaction. Sample-selection bias results also evince sub-group heterogeneity and require further study. The determinants of job satisfaction vary between measures and sub-groups, though not necessarily so across gender. In sum, the article finds that the paradox does exhibit itself for the aggregated and young and childless sub-groups, but is largely absent for the young with children group. As well, there is a clear bifurcation in job satisfaction between genders for the educated sub-group. This suggests that employed females should not be viewed as a monolithic bloc in the labour force.     

The assimilation of Australian immigrants: does occupation matter?

This paper utilises the occupational attainment approach to investigate immigrant labour market assimilation, complementing other assimilation approaches such as employability, earnings, skills-match and job satisfaction. Our results show that all immigrant groups suffer from initial occupational attainment disadvantage. Worryingly, no ‘catch-up’ over time is evident – even when disaggregated to reflect different cultures and backgrounds. Nor is there much evidence that the occupational status of younger arrivals matches those of Australian born residents, despite being immersed in local mores and institutions while undertaking schooling in Australia. Newer cohorts of immigrants (those who arrived between 2000 and 2014) are also more prone to suffering an occupational penalty. We recommend policymakers subsidise bridging courses to aid recognition of overseas-obtained qualifications and encourage immigrants to obtain local qualifications that can complement their overseas-obtained work experience. This will increase their ‘Australian-ready’ skill-set and occupational attainment in their new host country.