High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well …

. Using highly detailed German county level data, we test whether the social norm effect of unemployment is age-dependent. The … wellbeing differential between the unemployed and the employed is found to increase with the local unemployment rate at the … beginning of the working life but to remain steady or even to decrease in older age. Individual unemployment, however, remains …

regression discontinuity design based on this exogenous change in unemployment status for this particular group of workers, we …

This paper estimates the effect of an individual’s unemployment on the level of social participation of their spouse …. Using German panel data, it is shown that unemployment has a strong negative effect on public social activities of both …

This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …

The social costs of unemployment, in terms of unemployment's impact on European citizens' life satisfaction, relate … strongly to unemployment duration. At any level of general joblessness, reducing long-term unemployment is more important than … reducing the number of people unemployed at any point in time. -- unemployment ; unemployment duration ; life satisfaction …

This study examines whether the distribution of aggregate unemployment by duration affects individual well-being. Two … distribution of aggregate unemployment by duration on individual well-being. We find significant evidence in favor of both the … remain unemployed for a longer time. At some point, however, both the employed and unemployed adapt to unemployment at the …

correlation of unemployment and subjective life satisfaction. It is found that unemployed individuals do not only report … significantly lower concurrent satisfaction, but also recall reduced satisfaction from past unemployment well, and retrospectively … upgrade their past satisfaction scores. Therefore, the short-term negative effects of unemployment on individual life …

unhappy and the need for activation policies. -- happiness ; unemployment duration …

unhappy and the need for activation policies. -- Happiness ; unemployment duration …