that the negative effect of unemployment on mental well-being depends on expectations about the future employment status …This paper provides an empirical analysis of reference-dependent effects of unemployment on mental well-being. We show …. Several contributions to the literature have shown that the perception of the individual employment status depends on the …

with a permanent contract, this study compares temporary work to the alternative of unemployment. Specifically, this paper … job increases the employment chances during the subsequent five years in (West and East) Germany and the UK. Moreover, the …

misconceptions of the currently unemployed concerning their statistical re-employment probability, affecting their labor market … behavior in a sub-optimal way. Specifically, people with unemployment experience of 3 to 5 years significantly underestimate … their objective re-employment probabilities as determined by the econometrician's all-seeing `Eye of Providence'. Simply …

Unemployment causes significant losses in the quality of life. In addition to reducing individual income, it also … show that, without this distinction, the non-pecuniary costs of unemployment are overestimated by roughly one …-third. Nevertheless, the non-pecuniary costs of unemployment with this modified quantification method still amount to 2.3 (1.5) times the …

the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of …The social norm of unemployment suggests that aggregate unemployment reduces the wellbeing of the employed, but has a … regional unemployment. However, the insecure employed and the poor-prospect unemployed are less negatively, or even positively …

education, the impact of age on the probability of occupational change is declining in the level of education. The unemployment …

unemployment. Based on data from the German Socio-Economic Panel, we investigated the extent to which gender differences occur in …