This paper examines possible spillover effects of parental unemployment on the subjective wellbeing of 12- to 21-year …-old children. Using German panel data (SOEP), we show that unemployment of fathers and mothers is negatively associated with their … unemployment has negative effects, while no effect of fathers' unemployment can be detected. In subgroup analyses, we do not find …

We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend … previous studies applying this approach by taking reference income into account. This allows separating needs-based from … reference effects in the determination of income satisfaction. We show that this adjustment helps to overcome a bias causing an …

We reexamine the claim that the effect of income on subjective well-being suffers from a systematic downward bias if … one ignores that higher income is typically associated with more work effort. We analyze this claim using German panel … do not find evidence that leaving working hours out of the analysis leads to an underestimation of the income effect …

Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as … worsened working conditions, or increased future uncertainty as regards income and employment. Using German panel data, we …

Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as … worsened working conditions, or increased future uncertainty as regards income and employment. Using German panel data, we …

Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons … (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as … worsened working conditions, or increased future uncertainty as regards income and employment. Using German panel data, we …

less time at work outweighs the negative emotional effect of unemployment during leisure episodes, such that the unemployed …