This paper provides an empirical analysis of reference-dependent effects of unemployment on mental health. I show that … the negative effect of unemployment on mental health depends on expectations about the future employment status. Several … periods. Life satisfaction is used as a proxy for mental health. To identify a causal effect of unemployment, expectations and …

beneficial impacts on health, children's future labor incomes, crime, education, and mothers' labor incomes, with greater …

costs associated with unemployment and divorce. -- financial capability ; psychological health ; wellbeing ; panel data …We examine whether financial capability has impacts on psychological health independent of income and financial … measure of financial capability, which we relate to respondents' psychological health using the 12-item General Health …