for less-skilled persons and for individuals with longer unemployment experiences. Low-paid work is less beneficial if the …

regional unemployment rates. While employed men suffer from regional unemployment, unemployed men are significantly less … negatively affected. This is consistent with a social-norm effect of unemployment in Germany. We find no evidence of such an …

Unemployment causes significant losses in the quality of life. In addition to reducing individual income, it also … show that, without this distinction, the non-pecuniary costs of unemployment are overestimated by roughly one …-third. Nevertheless, the non-pecuniary costs of unemployment with this modified quantification method still amount to 2.3 (1.5) times the …