A Note on Unhappiness and Unemployment Duration

Andrew Clark ()

No 2406, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: Although it is now widely-accepted that unemployment is associated with sharply lower levels of individual well-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is used to shed light on this issue; these data allow us to distinguish habituation to unemployment from sample selection. The panel results show little evidence of habituation to unemployment in Europe in the 1990's.

Keywords: life satisfaction; unemployment; unemployment duration; habituation (search for similar items in EconPapers)
JEL-codes: C30 J28 J31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab, nep-ltv and nep-soc
Date: 2006-10
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Related works:
Working Paper: A note on unhappiness and unemployment duration (2006)
Journal Article: A Note on Unhappiness and Unemployment Duration (2006)
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