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Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates. Using cross-sectional data from the SALDRU93 survey, we show...
Persistent link: https://www.econbiz.de/10005125760
increasing as a proportion of the population. The evidence presented in this paper, combined with the low frequency of happiness … data, may not be sufficiently convincing for central banks to adopt happiness-targeting rule. However, happiness data would …
Persistent link: https://www.econbiz.de/10004998028