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Why unemployment has heterogeneous effects on subjective well-being remains a hot topic. Using German Socio-Economic Panel data, this paper finds significant heterogeneity using different material deprivation measures. Unemployed individuals who… Click to show full abstract
Why unemployment has heterogeneous effects on subjective well-being remains a hot topic. Using German Socio-Economic Panel data, this paper finds significant heterogeneity using different material deprivation measures. Unemployed individuals who do not suffer from material deprivation may not experience a life satisfaction decrease and may even experience a life satisfaction increase. Policy implications for taxation and unemployment insurance are discussed.
Keywords:
happiness;
effects unemployment;
unemployment;
explanation heterogeneous;
heterogeneous effects;
pecuniary explanation
Journal Title: Journal of Happiness Studies
Year Published: 2019
Link to full text (if available)
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Journal Title: Journal of Happiness Studies
Year Published: 2019
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!