Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/49095
Authors: 
Maennig, Wolfgang
Wilhelm, Markus
Year of Publication: 
2011
Series/Report no.: 
Hamburg contemporary economic discussions 41
Abstract: 
Becoming unemployed has negative effects on life satisfaction; a transition from unemployment to employment, however, has only small positive effects. This asymmetry indicates a potential omitted variable bias in previous empirical happiness studies, with the consequence of underesti-mated effects of unemployment on life satisfaction. There are also gender-specific effects of asymmetry.
Subjects: 
Happiness
life satisfaction
asymmetric effect
labour status
employment
unemployment
JEL: 
I31
J01
Z13
ISBN: 
978-3-940369-97-0
Document Type: 
Working Paper

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