Scarring: The Psychological Impact of Past Unemployment

Andrew Clark, Yannis Georgellis () and Peter Sanfey

Economica, 2001, vol. 68, issue 270, 221-241

Abstract: This paper considers the psychological impact of past unemployment. Using 11 waves of German panel data, we show that life satisfaction is lower not only for the current unemployed (relative to the employed), but also for those with higher levels of past unemployment. However, the negative wellbeing effect of current unemployment is weaker for those who have been unemployed more often in the past. The panel data also reveal some evidence that those suffering greater falls in wellbeing on entering unemployment are less likely to remain unemployed one year later. Together, these findings offer a psychological explanation of persistent unemployment.

Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (338)

Downloads: (external link)
https://doi.org/10.1111/1468-0335.00243

Related works:
Working Paper: Scarring: The Psychological Impact of Past Unemployment (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:econom:v:68:y:2001:i:270:p:221-241

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0427

Access Statistics for this article

Economica is currently edited by Frank Cowell, Tore Ellingsen and Alan Manning

More articles in Economica from London School of Economics and Political Science Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().