Unemployment and happiness
نویسندگان
چکیده
منابع مشابه
Unemployment and Happiness
Are unemployed people unhappier than employed people? To answer this question, this paper presents an extensive review of previous overseas studies and conducts an empirical analysis of the determinants of happiness in Japan. The main result in this study is consistent with that of previous studies; even when the income level and other individual characteristics are held constant, unemployment ...
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We use data from the German Socio-Economic Panel to investigate how individual happiness is affected by unemployment. Unemployment has a large and negative effect even after controlling for individual specific fixed effects. Nonparticipation, in contrast, is much less harmful to happiness. Further, we decompose the total well-being costs of unemployment and find that well above three quarters a...
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Happiness drops when individuals become unemployed. The negative impact of the unemployment shock, however, may differ by cultural background. To test the hypothesis of a ‘Teutonic work ethic’, this paper takes advantage of Switzerland in its cultural diversity. By comparing different cultural groups in the same institutional setting, I empirically test whether such deep psychological traits ha...
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Using a unique longitudinal data of British youths we estimate how adolescents' overall happiness is related to parents' exposure to unemployment. Our within-child estimates suggest that parental job loss when the child was relatively young has a positive influence on children's overall happiness. However, this positive association became either strongly negative or statistically insignificant ...
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Why unemployment has heterogeneous effects on subjective well-being remains unexplained. Using German Socio-Economic Panel (GSOEP) data, I find that both subjective and objective income measures mediate the negative effects of unemployment and explain its heterogeneous effects on happiness. This finding suggests that the root cause of the negative effects of unemployment is pecuniary. Policy im...
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ژورنال
عنوان ژورنال: IZA World of Labor
سال: 2014
ISSN: 2054-9571
DOI: 10.15185/izawol.94