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This paper assesses the long-run toll taken by a large-scale technological disaster on welfare, well-being and mental health. We estimate the causal effect of the 1986 Chernobyl catastrophe after 20 years by linking geographic variation in radioactive fallout to respondents of a nationally...
Persistent link: https://www.econbiz.de/10013315589
unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …
Persistent link: https://www.econbiz.de/10012955276
This paper studies the unemployment accelerator, a mechanism where workers directly affect the firms' financial … conditions, and, in turn, firms' financial conditions feedback again to the real economy. The unemployment accelerator builds on … in labor and financial markets. We provide compelling micro-evidence of the unemployment accelerator: a 10% increase in a …
Persistent link: https://www.econbiz.de/10012964383
. Second, we apply it to test for breaks in the unemployment rate in the US, the UK and Japan. Our results shed some light on … the empirical relevance of alternative unemployment theories for these countries. Specifically, a structuralist …
Persistent link: https://www.econbiz.de/10012779948
analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …
Persistent link: https://www.econbiz.de/10012984507
Is unemployment the overwhelming determinant of domestic violence that many commentators expect it to be? The … contribution of this paper is to examine, theoretically and empirically, how changes in unemployment affect the incidence of … domestic abuse. The key theoretical prediction is that male and female unemployment have opposite-signed effects on domestic …
Persistent link: https://www.econbiz.de/10013315745
We investigate the effect of social interactions on labor market outcomes using a direct measure of social contacts based on information about individuals’ three best friends and their characteristics. We examine the effect of the number of employed friends on the transition from...
Persistent link: https://www.econbiz.de/10013316135
(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …
Persistent link: https://www.econbiz.de/10013093430
How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well-being on health use identification strategies involving income increases; these studies as well as prior research on stock market accumulations may not inform this question if the...
Persistent link: https://www.econbiz.de/10013080729
that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …
Persistent link: https://www.econbiz.de/10012763996