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This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social … multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in …
Persistent link: https://www.econbiz.de/10005207266
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 …
Persistent link: https://www.econbiz.de/10005644641
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10005585651
Social norms are usually neglected in economics because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to live off one’s own income and we show that this norm has important...
Persistent link: https://www.econbiz.de/10005703429
Becoming unemployed has negative effects on life satisfaction; a transition from unemployment to employment, however …
Persistent link: https://www.econbiz.de/10009274560
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. …
Persistent link: https://www.econbiz.de/10009025001
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 …
Persistent link: https://www.econbiz.de/10009385730
, even the probability of returning from unemployment to employment can increase. Gender-specific differences are discussed. …
Persistent link: https://www.econbiz.de/10010717496
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 …
Persistent link: https://www.econbiz.de/10010896240
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 …
Persistent link: https://www.econbiz.de/10010958252