unemployment from the time they left school up to age 30. We show that this experience is negatively correlated with the life … satisfaction that the individual reports at age 30, so that past unemployment scars. We also identify the childhood circumstances … and family background that predict this adult unemployment experience.Educational achievement and good behaviour at age 16 …

Although it is now widely-accepted that unemployment is associated with sharply lower levels of individual well …-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is … used to shed light on this issue; these data allow us to distinguish habituation to unemployment from sample selection. The …