retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …

-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …

that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …