The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a … the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of … regional unemployment. However, the insecure employed and the poor-prospect unemployed are less negatively, or even positively …

satisfaction, though only for some time, whereas the impact of exogenously triggered job changes is ambiguous. Risk aversion … interacts negatively with this effect in life satisfaction. Analysing time-use data and well-being indicators for various areas … of life, we find evidence that involuntary job mobility turns out to be harmful for satisfaction with family life. By …

The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a … the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of … regional unemployment. However, the insecure employed and the poor-prospect unemployed are less negatively, or even positively …

In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage … evidence for a private gain from trade union membership which has hitherto not been documented: in West Germany, union members …

question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of … convergence with regard to individuals’ trust and risk, as well as perceived fairness and cooperativeness. Our hypotheses are … than by reputation. Moreover, East Germans are found to be more risk loving than West Germans. In contrast to trust and …

lack of compensating differentials for unemployment risk can arise in equilibrium when all workers are identical and firms … risky tail of the distribution of firm-level unemployment risk. Meanwhile, unemployment becomes persistent for low-wage and … differ only in job security (i.e. the probability that the worker is not sent into unemployment). In a setting where workers …

factors also contribute to a higher risk of long-term unemployment. Surprisingly, workers from the construction sector do not …Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …