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We revisit the well-known negative association between union coverage and individuals' job satisfaction in the United States, first identified over forty years ago. We find the association has flipped since the Great Recession such that union workers are now more satisfied than their non-union...
Persistent link: https://www.econbiz.de/10012510595
Economic shocks are notoriously difficult to predict but recent research suggests qualitative metrics about economic actors' expectations are predictive of downturns. We show consumer expectations indices from both the Conference Board and the University of Michigan predict economic downturns up...
Persistent link: https://www.econbiz.de/10012660050
Using data from all those born in a single week in 1958 in Britain we track the consequences of short pain and chronic pain in mid-life (age 44) on health, wellbeing and labor market outcomes in later life. We examine data taken at age 50 in 2008, when the Great Recession hit and then five years...
Persistent link: https://www.econbiz.de/10012629498
We examine the start date of the Great Recession across OECD countries based on two successive quarters of negative GDP growth recession. For most OECD countries this establishes the start of recession in Q22008 or Q32008. We find that the Sahm Rule identifies the start of recession in the US to...
Persistent link: https://www.econbiz.de/10012629520
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries over 439 months between 1985 and 2021 in an unbalanced country*month...
Persistent link: https://www.econbiz.de/10012616620
Using US Census Household Pulse Survey data for the period April 2020 to June 2021 we track the evolution of the mental health of nearly 2.3 million Americans during the COVID pandemic. We find anxiety, depression and worry peaked in November 2020, coinciding with the Presidential election. The...
Persistent link: https://www.econbiz.de/10012599330
Using data across countries and over time we show that women are unhappier than men in unhappiness and negative affect equations, irrespective of the measure used - anxiety, depression, fearfulness, sadness, loneliness, anger - and they have more days with bad mental health and more restless...
Persistent link: https://www.econbiz.de/10013172192
A growing literature identifies associations between subjective and biometric indicators of wellbeing. These associations, together with the ability of subjective wellbeing (SWB) metrics to predict health and behavioral outcomes, have spawned increasing interest in SWB as an important concept in...
Persistent link: https://www.econbiz.de/10012794615
Although there is a substantial literature indicating that unemployment and joblessness have profound adverse impacts on individuals' health and wellbeing, there is relatively little evidence of their impact on sleep. Using data for over 3.5 million individuals in the United States over the...
Persistent link: https://www.econbiz.de/10012481117
Using data from 68 countries on over 8 million respondents over forty years we show union membership peaks in midlife - usually around workers' late 40s or early 50s. In doing so we extend Blanchflower's (2007) earlier study, incorporating a further 39 countries and another decade or so of data....
Persistent link: https://www.econbiz.de/10012481240