Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/67211 
Year of Publication: 
2012
Series/Report no.: 
IZA Discussion Papers No. 6945
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper investigates whether people's ability to withstand and adapt to one of the most important economic shocks - job loss - is determined early on in childhood. Using nationally representative longitudinal data that tracks almost 3,000 children into adulthood, we show that the negative effect of unemployment on mental health and life satisfaction is almost four times larger for workers who had been bullied a lot in their early life. We also find zero adaptation to unemployment for these individuals over time. Although the results should be viewed as illustrative and more research is needed, their potential implications for economists and policy makers are discussed.
Subjects: 
resilience
adaptation
happiness
unemployment
childhood
well-being
JEL: 
D03
I19
J64
Document Type: 
Working Paper

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