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Fear of Unemployment and its Effect on the Mental Health of Spouses

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Unemployment has been shown to have adverse effects on different aspects of a person's life, and even the fear of losing a job affects individuals negatively. In addition, not only… Click to show full abstract

Unemployment has been shown to have adverse effects on different aspects of a person's life, and even the fear of losing a job affects individuals negatively. In addition, not only the individuals directly affected but also their spouses and other family members might be affected. Using data from the German Socio-economic Panel, this study analyzes the relationship between individual job worries and spouse's mental well-being. The empirical results remain robust to different specifications and indicate that fear of job loss is negatively related to spouses' mental well-being and that this relationship seems to be stronger in single-income than in dual-income households. Copyright © 2015 John Wiley & Sons, Ltd.

Keywords: unemployment; fear unemployment; unemployment effect; health; effect mental; mental health

Journal Title: Health Economics
Year Published: 2017

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