This paper considers the psychological impact of past unemployment. Using 11 waves of German panel data, we show that life satisfaction is lower not only for the current unemployed (relative to the employed), but also for those with higher levels of past unemployment. However, the negative...

We construct indicators of the perception of job security for various types of jobs in 12 European countries using individual data from the European Community Household Panel (ECHP). We then consider the relation between reported job security and OECD summary measures of Employment Protection...

Institutional information does not seem to prevent drug experimentation. We use Add Health panel data (1994-1996) to examine risky behaviour by adolescents (the consumption of tobacco, alcohol and marijuana). We find that such behaviours are correlated with the (lagged) behaviour of three peer...

A growing literature concludes that terrorism impacts the economy, yet less is known about its impact on utility. This paper estimates the impact of the 2013 Boston Marathon Bombing on well-being, by exploiting representative U.S. daily data. Using both a regression discontinuity and an event...

This book provides an overview of the key issues concerning the performance of the labour market and policy in the UK, with focus on the 2008 financial crisis, the ensuing recession, and its aftermath.

Based on information from the 1991/92 General Household Survey, we examine the effect of work and non-work related child care costs on UK mother's employment rates. We find that subsidising work-related child care costs increases mothers' probability of labour force participation. However, we...