A note on unhappiness and unemployment duration
AbstractAlthough 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.
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Date of creation: Sep 2006
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life satisfaction ; unemployment ; unemployment duration ; habituation;
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