This study is the first to provide a causal estimate of the subjective well-being effects of spousal unemployment at … job termination induced by workplace closure, we show that spousal unemployment reduces the life satisfaction of … driven by an income effect, but likely reflect the psychological costs of unemployment. Our findings are robust to a battery …

While rising unemployment generally reduces people's happiness, researchers argue that there is a compensating social …, however, rejects this thesis for German panel data and finds individual unemployment to be even more hurtful when aggregate … unemployment is higher. On the other hand, an extended model that separately considers individuals who feel stigmatised from living …