analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …

presence of job protection will lead to lower unemployment levels than predicted by the standard labour market model with … heterogeneous labour and full information. -- Minimum wages ; unemployment ; hidden information ; labour market regulation …

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 …

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 …

economic theory of individual utility. -- life satisfaction ; retirement ; unemployment ; identity ; social norm …