This paper uses 16 waves of panel data from the British Household Panel Survey to evaluate the role of subjective well-being … called the "social norm". The main results of interest are that job search effort and unemployment duration are affected by … norm, it implies that when unemployment increases, the unemployed are happier and they reduce their search effort. These …

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 …

Socio-economic Panel data set. By comparing the satisfaction with life between workers and non-workers with the same … substantial for many individuals and that it varies strongly with personal characteristics such as age and gender.Women suffer …

This paper provides an empirical analysis of reference-dependent effects of unemployment on mental well-being. We show … that the negative effect of unemployment on mental well-being depends on expectations about the future employment status … expectations over two time periods. Life satisfaction is used as a proxy for mental well-being. To identify a causal effect of …

Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper … unemployed. A similar but stronger effect of unemployment is found for a broad mental well-being variable (GHQ-12). For happy and … these findings by examining the heterogeneous unemployment effects over the quantiles of satisfaction with various life …

relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and … happier, experience less stress and anger, and have higher job satisfaction than other employees. Using statistical matching …

This paper provides an empirical analysis of reference-dependent effects of unemployment on mental well-being. We show … that the negative effect of unemployment on mental well-being depends on expectations about the future employment status … expectations over two time periods. Life satisfaction is used as a proxy for mental well-being. To identify a causal effect of …