This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the social and psychological costs of unemployment depend upon the unemployment level. The theoretical … analysis reveals social multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24 …

High rates of unemployment entail substantial costs to the working population interms of reduced subjective well … thesensitivity of subjective well-being to fluctuations in unemployment rates is much lower in thepublic sector than in the private … unemployment. …

, even the probability of returning from unemployment to employment can increase. Gender-specific differences are discussed. …

By using longitudinal data the relation between satisfaction with life and unemployment is analyzed in this study. Data … the effects of voluntary and involuntary unemployment on life satisfaction. (2) Moreover, the intent is to answer the …

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 …

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 …