Measuring the Job Stress of the Employed Population. The Case of Labor Market in Cali-Colombia

Authors

  • Bilver Adrián Astorquiza Bustos Universidad EAFIT http://orcid.org/0000-0003-1079-6711
  • Maribel Castillo Caicedo Pontifical Xavierian University
  • Alina Gómez Mejía Pontifical Xavierian University

DOI:

https://doi.org/10.46661/revmetodoscuanteconempresa.2543

Keywords:

labor force, Job stress, multinomial models, social choice, mano de obra, estrés laboral, modelos multinomiales, elección social

Abstract

From Survey of Employment and Quality of Life, the hypothesis of job stress is analyzed for individuals who meet the condition of being employed and being between the ages of 16 years old (the age at which is assumed that they have completed median education) and 62 years old (retirement age for men) in Cali-Colombia; resulting a sub-sample of 10,158 observations. As a theoretical foundation, we use a variant of the leisure-consumption model, in which the appearance of stress is based on the imbalance of the equilibrium condition. The results suggest that, in effect, there are signs of job stress in the labor market in Cali.  As a complementary activity, we estimated an econometric model to know the profile of the individuals who present a greater probability of being stressed based on three components: sociodemographic, health and labor characteristics of the individual. Thus, working more than 48 hours a week, not having a work premium, reducing a low proportion of income to leisure activities, being a woman, among other factors are associated with a high probability of job stress.

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Author Biography

Bilver Adrián Astorquiza Bustos, Universidad EAFIT

Economista, Magister en Economía Aplicada de la Universidad del Valle y estudiante del Ph. D en Economía de la Universidad EAFIT. Miembro de la Asociación de Estudios Latinoamericanos-LASA- Dirección: 050035 Medellín-Colombia. E-mail: bastorqu@eafit.edu.co.

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Published

2018-06-30

How to Cite

Astorquiza Bustos, B. A., Castillo Caicedo, M., & Gómez Mejía, A. (2018). Measuring the Job Stress of the Employed Population. The Case of Labor Market in Cali-Colombia. Journal of Quantitative Methods for Economics and Business Administration, 25, Páginas 272 a 294. https://doi.org/10.46661/revmetodoscuanteconempresa.2543

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