Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as … the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and … unemployment benefits can contribute to happiness - though when such policies prolong unemployment, the net effect on national …

This paper focuses particularly on youth unemployment, why we should be concerned about it, why it is increasing again … adulthood unemployment creates long lasting scars which affect labour market outcomes much later in life. Our chosen variables … are weekly wages and happiness. Our results show significant effects at age 50 from early adulthood unemployment. These …

This paper examines the impact of unemployment on life satisfaction for Germany 1984-2006, using a sample of men and … unemployment on life satisfaction. This paper expands on previous cornerstone research from Winkelmann and Winkelmann (1998) and … explicitly identifies truly exogenous unemployment entries starting from 1991. We find that for women in East and West Germany …

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 …