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This paper assesses how retirement - defined as permanent labor force non-participation in a man's mature years - affects psychological welfare. The raw correlation between retirement and well-being is negative. But this does not imply causation. In particular, people with idiosyncratically low...
Persistent link: https://www.econbiz.de/10012469680
groups. Using a local labor markets design, we estimate that manufacturing decline significantly reduced employment between … 2000 and 2006, while local housing booms increased employment by roughly the same magnitude. The effects of manufacturing … decline persist through 2012, but we find no persistent employment effects of local housing booms, likely because housing …
Persistent link: https://www.econbiz.de/10012459712
. Using official county-level voting data and a variety of OLS and TSLS models, we find that increases in wages and employment … increases in employment lead to less use of the media and reduced political knowledge, and present associational individual …
Persistent link: https://www.econbiz.de/10012461387