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Title:The social costs of unemployment: Accounting for unemployment duration PDF Logo
Authors:Ochsen, Carsten
Welsch, Heinz
Issue Date:2006
Series/Report no.:Thünen-series of applied economic theory 60
Abstract:The social costs of unemployment, in terms of unemployment's impact on European citizens' life satisfaction, relate strongly to unemployment duration. At any level of general joblessness, reducing long-term unemployment is more important than reducing the number of people unemployed at any point in time.
Subjects:unemployment
unemployment duration
life satisfaction
happiness
social costs
JEL:J64
I31
Document Type:Working Paper
Appears in Collections:Thünen Series of Applied Economic Theory, Universität Rostock

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