Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/39727
Authors: 
Ochsen, Carsten
Welsch, Heinz
Year of Publication: 
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

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