self-reported satisfaction regarding their start-up. Our study identifies a new facet of procedural utility and offers new … entrepreneurs that “cannot get satisfaction” with their start-up—not because their start-up fails to deliver financial returns, but … individuals starting a business after a period of long-term unemployment and those individuals with a lack of better employment …

-being and paradoxically can be even more harmful than actual job loss with subsequent unemployment. …

retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …-term unemployed people report a substantial increase in their life satisfaction when they retire. These results are robust to … including identity in the utility function, results from the empirical life satisfaction literature can be reconciled with the …

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

with subsequent unemployment. …

While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is … not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can …

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 …

This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss … if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience …? The underlying idea is that unemployment hysteresis may operate through a sociological channel: if many people in the …

retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …-term unemployed people report a substantial increase in their life satisfaction when they retire. These results are robust to … including identity in the utility function, results from the empirical life satisfaction literature can be reconciled with the …