Sons‘ Unexpected Long Term Scarring due to Fathers‘ Unemployment

This study focuses on the long term effects of unemployment on subjective wellbeing in a family context for 17-24 year old sons living with at least one parent, using data from the German SOEP. As fathers enter unemployment, sons‘ subjective wellbeing is not only reduced immediately, but also 5 years into the future. As this future reduction remains unexpected by the sons, this suggests even higher true costs of unemployment than previously thought.

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Year of publication:	2012-10
Authors:	Kind, Michael ; Haisken-DeNew, John P.
Institutions:	Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Subject:	Life satisfaction \| unemployment \| intergenerational transmission \| expectations

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Extent:	application/pdf
Series:	Ruhr Economic Papers. - ISSN 1864-4872.
Type of publication:	Book / Working Paper
Notes:	Number 0375 19 pages
Classification:	Z1 - Cultural Economics ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J65 - Unemployment Insurance; Severance Pay; Plant Closings ; J13 - Fertility; Family Planning; Child Care; Children; Youth
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010598405