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In the modern welfare state, people who cannot make a living usually receive financial assistance from public funds. Accordingly, the so-called social work norm against living off other people is violated, which may be the reason why the unemployed are so unhappy. If so, however, labour market...
Persistent link: https://www.econbiz.de/10011600995
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 …
Persistent link: https://www.econbiz.de/10011601029