Freise, Diana; Schmitz, Hendrik; Westphal, Matthias - 2022
We study the effect of unemployment on cognitive abilities among individuals aged between 50 and 65 in Europe. To this … unemployment, cognitive abilities only deteriorate marginally - the effects are insignificant both in statistical and economic … terms. We do, however, find significant effects of late-career unemployment on the likelihood to leave the labor force, and …