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Unemployment and Subjective Well-Being

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Handbook of Labor, Human Resources and Population Economics

Abstract

This chapter summarizes the latest state of the art in economic research on unemployment and subjective well-being. Outcomes covered are general life satisfaction, affective well-being, and mental health. Special attention is paid to empirical evidence as obtained from popular panel data sets. Both prominent methodological issues and substantive themes are introduced. Topics covered include the estimation of nonpecuniary costs of unemployment, unemployment over time, the role of others’ unemployment, spillover effects, and re-employment, among others.

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Acknowledgments

Responsible Section Editor: Milena Nikolova. The chapter has benefited from valuable comments of the editors, the three referees Martin Binder, Clemens Hetschko, and Hendrik Schmitz as well as Adrian Chadi, Lars Kunze, and Rainer Winkelmann. Financial support by the Spanish Ministry of Science, Innovation and Universities Juan de la Cierva Research Grant Programs (IJCI-2017-33950) and the CERCA Program, Generalitat de Catalunya is gratefully noted.

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  1. Centre for Demographic Studies, Autonomous University of Barcelona, Bellaterra, Spain

    Nicolai Suppa

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  1. UNU-MERIT & Princeton University, Maastricht, The Netherlands

    Klaus F. Zimmermann

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  1. Faculty of Economics and Business, Global Economics and Management, University of Groningen, Groningen, The Netherlands

    Milena Nikolova

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Suppa, N. (2021). Unemployment and Subjective Well-Being. In: Zimmermann, K.F. (eds) Handbook of Labor, Human Resources and Population Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-57365-6_196-1

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