000 01082nam a22001337a 4500
999 _c521780
_d521780
008 230227b ||||| |||| 00| 0 eng d
100 _aHussam, Reshmaan, et al
_935988
245 _aThe psychosocial value of employment: Evidence from a refugee camp
260 _aThe American Economic Review
300 _a112(11), Nov, 2022: p.3694-3724
520 _aEmployment may be important to well-being for reasons beyond its role as an income source. This paper presents a causal estimate of the psychosocial value of employment in refugee camps in Bangladesh. We involve 745 individuals in a field experiment with three arms: a control arm, a weekly cash arm, and an employment arm of equal value. Employment raises psychosocial well-being substantially more than cash alone, and 66 percent of the employed are willing to forgo cash payments to continue working temporarily for free. Despite material poverty, those in our context both experience and recognize a nonmonetary, psychosocial value to employment.- Reproduced
773 _aThe American Economic Review
942 _cAR