Unemployment exacts a high cost to its victims, not only in lost income, but also in terms of quality of life (insecurity, depression, abandoned families, divorce, suicide, poorer health). It also exacts a high cost to society in terms of lost output, foregone tax revenue, depreciating human capital, and increased costs of welfare, crime, and health care. Yet modern wealthy societies have, ...
| Year of publication: |
2008-10
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| Authors: | Wisman, Jon D. |
| Subject: | unemployment | employer of last resort | social morality | social rationality | happiness |
| Extent: | application/pdf |
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| Series: | |
| Type of publication: | Book / Working Paper |
| Notes: | Number 2008-20 47 pages |
| Source: |
Persistent link: https://www.econbiz.de/10005344252