Lüchinger, Simon; Meier, Stephan; Stutzer, Alois - 2008 - Version of: March 11, 2008
individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the …High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …