We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end, we use rich longitudinal data from the German Socio-Economic Panel from 1985 to 2017 and a difference-in-differences estimation. Our findings suggest that while transitioning...

We are the first to examine how parental unemployment experienced during early-, mid- and late-childhood affects adult life satisfaction. Using German household panel data, we find that parental unemployment induced by plant closures and experienced during early (0-5 years) and late (11-15...

What are the broad societal implications of inflation and unemployment? Analyzing a dataset of over 1.9 million individuals from 156 countries via the Gallup World Poll spanning 2005 to 2021, alongside macroeconomic data at the national level, we find that both inflation and unemployment have a...