Clark, Andrew; Knabe, Andreas; Rätzel, Steffen - Forschungsbasierte Infrastruktureinrichtung … - 2008
The social norm of unemployment suggests that aggregate unemployment reduces the wellbeing 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 …
