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Does unemployment hurt less if there is more of it around? : a panel analysis of life satisfaction in Germany and Switzerland

Oesch, Daniel; Lipps, Oliver - 2011

This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience? The underlying idea is that unemployment hysteresis may...

Persistent link: https://www.econbiz.de/10009269257

Unemployment and subjective well-being

Suppa, Nicolai - 2021

This chapter summarizes the latest state of the art in economic research on unemployment and subjective well-being. Outcomes covered are general life satisfaction, affective well-being, and mental health. Special attention is paid to empirical evidence as obtained from popular panel data sets....

Persistent link: https://www.econbiz.de/10012417634

Does the COVID-19 pandemic cause people to be unhappy? : evidence from a six-country survey

Cuong Viet Nguyen - 2021

Does the COVID-19 pandemic cause people unhappy? In this study, we use a recent survey from China, Japan, South Korea, Italy, the United Kingdom and the United States to explore this question. We find a relatively large effect: a one per-mille point increase in the incidence of the COVID-19...

Persistent link: https://www.econbiz.de/10012422564

Hartz and minds: happiness effects of reforming an employment agency

Deter, Max - 2020

Since the labor market reforms around 2005, known as the Hartz reforms, Germany has experienced declining unemployment rates. However, little is known about the reforms' effect on individual life satisfaction of unemployed workers. This study applies difference-in-difference estimations and...

Persistent link: https://www.econbiz.de/10012285201

Quantifying the psychological costs of unemployment : the role of permanent income

Knabe, Andreas; Rätzel, Steffen - 2007

Unemployment causes significant losses in the quality of life. In addition to reducing individual income, it also creates non-pecuniary, psychological costs. We quantify these non-pecuniary losses by using the life satisfaction approach. In contrast to previous studies, we apply Friedman's...

Persistent link: https://www.econbiz.de/10011630069

Perceived job insecurity and well-being revisited : towards conceptual clarity

Geishecker, Ingo - 2010

This paper analyzes the impact of job insecurity perceptions on individual well-being. In contrast to previous studies, we explicitly take into account perceptions about both the likelihood and the potential costs of job loss and demonstrate that most contributions to the literature suffer from...

Persistent link: https://www.econbiz.de/10008825072

Machen Kinder doch glücklich?

Humpert, Stephan - 2010 - Version: April 2010

In der ökonomischen Zufriedenheitsforschung wird ein negativer Effekt von Kindern auf die elterliche Zufriedenheit ermittelt. Dazu werden oftmals Probitmodelle geschätzt. In diesem Papier wird nun ein fixed effects Modell benutzt. Mittels Daten des Sozioökonomischen Panels (SOEP) werden...

Persistent link: https://www.econbiz.de/10008825924

Changing identity : retiring from unemployment

Hetschko, Clemens; Knabe, Andreas; Schöb, Ronnie - 2011

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/10009357440

The effect of subsidized employment on happiness

Crost, Benjamin - 2011

While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is … not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can … increase the happiness of the unemployed. To close this gap, this paper estimates the causal effect of a type of subsidized …

Persistent link: https://www.econbiz.de/10009154493

Regional unemployment and norm-induced effects on life satisfaction

Chadi, Adrian - 2011

While rising unemployment generally reduces people's happiness, researchers argue that there is a compensating social …

Persistent link: https://www.econbiz.de/10009161660