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Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as …-monetary unemployment scarring for people who were unemployed for the first time in their life directly prior to retirement, but not for …
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that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …, triggered by the opportunity to use the time in a way that yields higher levels of satisfaction than working. -- Unemployment …
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economic theory of individual utility. -- life satisfaction ; retirement ; unemployment ; identity ; social norm …
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