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Sons' Unexpected Long Term Scarring Due to Fathers' Unemployment

  • Michael Kind

    (Ruhr Graduate School in Economics)

  • John P. Haisken-DeNew

    ()

    (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne)

This study focuses on the long term effects of unemployment on subjective wellbeing in a family context for 17-24 year old sons living with at least one parent, using data from the German SOEP. As fathers enter unemployment, sons’ subjective wellbeing is not only reduced immediately, but also 5 years into the future. As this future reduction remains unexpected by the sons, this suggests even higher true costs of unemployment than previously thought.

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File URL: http://www.melbourneinstitute.com/downloads/working_paper_series/wp2012n21.pdf
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Paper provided by Melbourne Institute of Applied Economic and Social Research, The University of Melbourne in its series Melbourne Institute Working Paper Series with number wp2012n21.

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Length: 19 pages
Date of creation: Oct 2012
Date of revision:
Handle: RePEc:iae:iaewps:wp2012n21
Contact details of provider: Postal: Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, Victoria 3010 Australia
Phone: +61 3 8344 2100
Fax: +61 3 8344 2111
Web page: http://www.melbourneinstitute.com/
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  8. Paul Frijters & Harry Greenwell & John P. Haisken-DeNew & Michael A. Shields, 2009. "How well do individuals predict their future life satisfaction? Evidence from panel data following a nationwide exogenous shock," Canadian Journal of Economics, Canadian Economics Association, vol. 42(4), pages 1326-1346, November.
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  10. Ada Ferrer-i-Carbonell & Paul Frijters, 2004. "How Important is Methodology for the estimates of the determinants of Happiness?," Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, 07.
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  13. Sonja C. Kassenboehmer & John P. Haisken-DeNew, 2008. "You’re Fired! The Causal Negative Effect of Unemployment on Life Satisfaction," Ruhr Economic Papers 0063, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  14. Michael Kind & John P. Haisken-DeNew, 2012. "Unexpected Victims: How Parents' Unemployment Affects Their Children's Life Satisfaction," Melbourne Institute Working Paper Series wp2012n02, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  15. Chevalier, Arnaud, 2002. "Just Like Daddy: The occupational choice of UK Graduates," Royal Economic Society Annual Conference 2002 47, Royal Economic Society.
  16. Winkelmann, Liliana & Winkelmann, Rainer, 1998. "Why Are the Unemployed So Unhappy? Evidence from Panel Data," Economica, London School of Economics and Political Science, vol. 65(257), pages 1-15, February.
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