HELLIWELL, JOHN F.; HUANG, HAIFANG - In: Economic Inquiry 52 (2014) 4, pp. 1485-1502
type="main" xml:id="ecin12093-abs-0001" <title type="main">Abstract</title> Using two large U.S. surveys, we estimate the effects of unemployment on the subjective well-being (SWB) of the unemployed and the rest of the population. For the unemployed, the nonpecuniary costs of unemployment are several times as large as...