Showing 1 - 10 of 15
Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as those due to lower incomes, while the indirect effect at...
Persistent link: https://www.econbiz.de/10013129126
Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in...
Persistent link: https://www.econbiz.de/10013121822
highly significant interactions. Results are presented for life evaluations and (in some surveys) for happiness yesterday, in …
Persistent link: https://www.econbiz.de/10012909906
We show that data on satisfaction with life from over 600,000 Europeans are negatively correlated with the unemployment rate and the inflation rate. Our preferred interpretation is that this shows that emotions are affected by macroeconomic fluctuations. Contentment is, at a minimum, one of the...
Persistent link: https://www.econbiz.de/10012759669
of adults from 132 countries. I analyze the data on life satisfaction (happiness) and on health satisfaction and look at … their relationships with national income, age, and life-expectancy. Average happiness is strongly related to per capita … inconsistent relationship with happiness. National income moderates the effects of aging on self-reported health, and the decline …
Persistent link: https://www.econbiz.de/10012759901
, this paper designs a test that makes it possible to allow for different birth-cohorts. A robust U-shape of happiness in age …
Persistent link: https://www.econbiz.de/10012760377
We apply the Day Reconstruction Method to compare unemployed and employed people with respect to their subjective assessment of emotional affects, differences in the composition and duration of activities during the course of a day, and their self-reported life satisfaction. Employed persons are...
Persistent link: https://www.econbiz.de/10012763996
We explore the impact on depressive symptoms of deviation in actual labor force behavior at age 62 from earlier expectations. Our sample of 4,241 observations is drawn from the Health and Retirement Study (HRS). We examine workers who were less than 62 years of age at the 1992 HRS baseline, and...
Persistent link: https://www.econbiz.de/10012769532
Using specific panel data of German welfare benefit recipients, we investigate the non-pecuniary life satisfaction effects of in-work benefits. Our empirical strategy combines difference-in-difference designs with synthetic control groups to analyze transitions of workers between unemployment,...
Persistent link: https://www.econbiz.de/10012984507
We use the differences between life satisfaction and emotional well-being of employed and unemployed persons to analyze how a person’s employment status affects cognitive well-being. Our results show that unemployment has a negative impact on cognitive, but not on affective well-being, which...
Persistent link: https://www.econbiz.de/10013315859