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presence of job protection will lead to lower unemployment levels than predicted by the standard labour market model with …
Persistent link: https://www.econbiz.de/10009323144
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/10009278219
that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …
Persistent link: https://www.econbiz.de/10008533660