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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | Why are the unemployed so unhappy? Evidence from panel data |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | Economica |
| Publisher | Wiley-Blackwell |
| Geographical Reach | international |
| ISSN | 0013-0427 |
| Volume | 65 |
| Number | 257 |
| Page Range | 1 - 15 |
| Date | 1997 |
| Abstract Text | This paper tests for the importance of non-pecuniary costs of unemployment using a longitudinal data-set on life-satisfaction of working-age men in Germany. We show that unemployment has a large detrimental effect on satisfaction after individual specific fixed effects are controlled for. The non-pecuniary effect is much larger than the effect that stems from the associated loss of income. |
| Digital Object Identifier | 10.1111/1468-0335.00111 |
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| Additional Information | The definitive version is available at www.blackwell-synergy.com. |