The Social Costs of Unemployment: Accounting for Unemployment Duration

The social costs of unemployment, in terms of unemployment's impact on European citizens' life satisfaction, relate strongly to unemployment duration. At any level of general joblessness, reducing long-term unemployment is more important than reducing the number of people unemployed at any point in time.

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Year of publication:	2006
Authors:	Ochsen, Carsten ; Welsch, Heinz
Institutions:	Institut für Volkswirtschaftlehre, Universität Rostock
Subject:	unemployment \| unemployment duration \| life satisfaction \| happiness \| social costs

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Extent:	application/pdf
Series:	Thuenen-Series of Applied Economic Theory. - ISSN 1431-4118.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 60 9 pages
Classification:	J64 - Unemployment: Models, Duration, Incidence, and Job Search ; I31 - General Welfare; Basic Needs; Quality of Life
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004988431