Using data for 28 European countries for the 2008-2012 period, we examine whether employed individuals are affected by the economic crisis. We provide robust evidence that unfavourable macroeconomic conditions are negatively associated with the life satisfaction of employees. In addition, we...

When investing in a foreign country, multinational enterprises face social, political and organizational information asymmetries. This liability of foreignness (LOF) introduces additional costs, threaten profitability and deter foreign direct investments. In this study we investigate if certain...

Immigrants in developed countries typically fail to assimilate in terms of subjective well-being, meaning that their happiness and life satisfaction do not substantially increase with their length of stay or across generations, and therefore their subjective well-being remains lower than that of...