persistent effect on subsequent employment and income. After initial periods with a higher incidence of sick leave, treated … treated workers, who manage to stay in employment, incur persistent income losses. The effects are stronger for sub-groups of … workers who are typically less attached to the labor market. -- health ; employment ; income …

the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher … accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of … the effect of education on unemployment duration. Overall, the returns to education are estimated to be the highest in the …

the rest of the economy via high unemployment and reduced labor earnings, which reduced household contributions to Social …-varying investment opportunities and countercyclical risky labor income dynamics. We show that households near retirement will reduce …