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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 …
Persistent link: https://www.econbiz.de/10010319272
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 …
Persistent link: https://www.econbiz.de/10003883982
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 …
Persistent link: https://www.econbiz.de/10003886329
unhappy and the need for activation policies. -- happiness ; unemployment duration …
Persistent link: https://www.econbiz.de/10009530808
unhappy and the need for activation policies. -- Happiness ; unemployment duration …
Persistent link: https://www.econbiz.de/10009541833
It is puzzling that people feel quite unhappy when they become unemployed, while at the same time active labor market policies are needed to bring unemployed back to work more quickly. Using data from the German Socio-Economic Panel, we investigate whether there is indeed such a puzzle. First,...
Persistent link: https://www.econbiz.de/10013008140
It is puzzling that people feel quite unhappy when they become unemployed, while at the same time active labor market policies are needed to bring unemployed back to work more quickly. Using data from the German Socio-Economic Panel, we investigate whether there is indeed such a puzzle. First,...
Persistent link: https://www.econbiz.de/10014173536
It is puzzling that people feel quite unhappy when they become unemployed, while at the same time active labor market policies are needed to bring unemployed back to work more quickly. Using data from the German Socio-Economic Panel, we investigate whether there is indeed such a puzzle. First,...
Persistent link: https://www.econbiz.de/10013110860
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/10011401423
This paper relates an individual’s social capital and the length of unemployment spells of the very same individual … of unemployment. Our results show that an individual’s social capital positively affects an agent’s probability to take … up employment in the next time period. This implies social capital shortens the length of an unemployment spell …
Persistent link: https://www.econbiz.de/10011442073