Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/150700 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 153
Verlag: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Zusammenfassung: 
The social norm of unemployment suggests that aggregate unemployment reduces the wellbeing of the employed, but has a far smaller effect on the unemployed. We use German panel data to reproduce this standard result, but then suggest that the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of labour-market security. Those with good job prospects, both employed and unemployed, are strongly negatively affected by regional unemployment. However, the insecure employed and the poor-prospect unemployed are less negatively, or even positively, affected. We use our results to analyse labour-market inequality and unemployment hysteresis.
Schlagwörter: 
Unemployment
Externalities
Job Insecurity
Well-Being
JEL: 
D84
J60
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
412.05 kB





Publikationen in EconStor sind urheberrechtlich geschützt.