Binder, Martin; Coad, Alex - Levy Economics Institute - 2014
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper … along the subjective well-being distribution. In our analysis of British Household Panel Survey data (1996-2008) we find … that, over the quantiles of our subjective well-being variable, individuals with high well-being suffer less from becoming …