Böckerman, Petri; Ilmakunnas, Pekka - EconWPA - 2005
This paper explores the connection between unemployment and subjective well-being in Finland by using cross …-sections for the years 1990, 1996 and 2000 from World Values Surveys. An unprecedented increase in the national unemployment rate … (from 3 to 17 per cent) did not produce a drop in the mean level of subjective well-being. Experiencing unemployment …
