create disincentives to work, such as high tax wedges and high unemployment benefits, or enforced reductions in working hours …

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …

The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …

In contrast to unemployment, the effect of non-participation and parttime employment on subjective well-being has much … mothers, non-participation is revealed to be a more serious problem than unemployment. …