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Journal Article

Jobless, friendless and broke: what happens to different areas of life before and after unemployment?

Authors

Publication date

2011

Summary

 Using a nationally representative longitudinal dataset of the British people, this paper explores how different areas of a person’s life evolved before and after unemployment. There is evidence that unemployment is preceded, on average, by a year of dissatisfaction with one’s finance and job, for both genders. Having entered unemployment, men and women reported a significant and persistent drop in satisfaction with finance and social life, which perhaps explains why there is little overall hedonic adaptation to unemployment. This paper proposes a two-layer model to study leads and lags in life satisfaction to changes in employment status.

Published in

Economica

DOI

http://dx.doi.org/10.1111/j.1468-0335.2011.00905.x

ISSN

16

Subjects

Unemployment and Well Being

Links

http://serlib0.essex.ac.uk/record=b1597373~S5

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*

#520099


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