Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/148495
Authors: 
Schöb, Ronnie
Year of Publication: 
2016
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2016 [Issue:] 270
Abstract: 
Unemployment not only causes material hardship but can also affect an individual’s sense of identity (i.e. their perception of belonging to a specific social group) and, consequently, feelings of personal happiness and subjective well-being. Labor market policies designed to help the unemployed may not overcome their misery: wage subsidies can be stigmatizing, workfare may not provide the intended incentives, and flexicurity (a system that combines a flexible labor market with active policy measures), may increase uncertainty. Policies aimed at bringing people back to work should thus take the subjective well-being of the affected persons more into consideration.
Subjects: 
unemployment
identity
well-being
wage subsidies
income support
workfare
JEL: 
I31
I38
J60
D60
Persistent Identifier of the first edition: 
Document Type: 
Article

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