The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits … aggregate unemployment rate. Structural estimation using a German micro-data set (SOEP) allows us to discuss the effects of a … recent unemployment benefit reform (Hartz IV). The reform reduced unemployment by only 0:3%. Contrary to general beliefs, we …

with subsequent unemployment. …

While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is … not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can …

While rising unemployment generally reduces people's happiness, researchers argue that there is a compensating social …, however, rejects this thesis for German panel data and finds individual unemployment to be even more hurtful when aggregate … unemployment is higher. On the other hand, an extended model that separately considers individuals who feel stigmatised from living …

This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss … if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience …? The underlying idea is that unemployment hysteresis may operate through a sociological channel: if many people in the …

federal employment agency and data of real estate prices, we evaluate the impact of neighborhood unemployment on individual … neighborhood unemployment on the individual employment probability. …

correlation of unemployment and subjective life satisfaction. It is found that unemployed individuals do not only report … significantly lower concurrent satisfaction, but also recall reduced satisfaction from past unemployment well, and retrospectively … upgrade their past satisfaction scores. Therefore, the short-term negative effects of unemployment on individual life …