Heterogeneity in the relationship between unemployment and subjective wellbeing: a quantile approach

Publication type

Journal Article

Authors

Publication date

October 15, 2015

Summary:

Unemployment has been robustly shown to strongly decrease subjective
wellbeing. Using panel quantile regression techniques, we analyse to
what extent the negative impact of unemployment varies along the
(conditional) subjective wellbeing distribution. In our analysis of
British Household Panel Survey data (1996–2008), we find that
individuals with high life satisfaction suffer less from becoming
unemployed. A similar but stronger effect is found for a broad mental
wellbeing variable (GHQ-12). Higher wellbeing seems to act like a safety
net when becoming unemployed. We explore these findings by examining
the heterogeneous unemployment effects over the conditional quantiles of
various life domain satisfactions.

Published in

Economica

Volume and page numbers

Volume: 82 , p.865 -891

DOI

http://dx.doi.org/10.1111/ecca.12150

ISSN

130427

Subjects

Notes

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

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