Unexpected Victims: How Parents' Unemployment Affects Their Children's Life Satisfaction

Michael Kind and John P. Haisken-DeNew ()
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John P. Haisken-DeNew: Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, http://melbourneinstitute.com/staff/jhd/default.html
Authors registered in the RePEc Author Service: John P. de New

Melbourne Institute Working Paper Series from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Abstract: The effects of unemployment on the subjective wellbeing (SWB) of the unemployed on the unemployed are well documented. Using data from the German SOEP for 17-25 year olds living with their parents, this paper examines the additional indirect effects of parents’ unemployment on their children’s subjective wellbeing in an attempt to capture the full impact of unemployment. The reason for entry (exogenous versus endogenous) into unemployment plays a major role. Fathers who enter unemployment exogenously affect their son’s SWB negatively, as do mothers who enter into unemployment endogenously. Parental unemployment has no impact on daughters’ SWB.

Keywords: Life satisfaction; unemployment; intergenerational transmission (search for similar items in EconPapers)
JEL-codes: J13 J64 J65 Z1 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2012-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (37)

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Persistent link: https://EconPapers.repec.org/RePEc:iae:iaewps:wp2012n02

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