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Does Unemployment Hurt Less if There Is More of It Around? A Panel Analysis of Life Satisfaction in Germany and Switzerland
Oesch, Daniel; Lipps, Oliver - 2011
This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss … if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience …? The underlying idea is that unemployment hysteresis may operate through a sociological channel: if many people in the …
Persistent link: https://www.econbiz.de/10011601035
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The Role of Social Work Norms in Job Searching and Subjective Well-Being
Stutzer, Alois; Lalive, Rafael - 2001
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10010262506