Abstract
Unemployment has a heterogeneous effect on well-being. We combine a quantile analysis with matching techniques to analyse the negative impact of unemployment along the well-being distribution of a comprehensive well-being variable. In our analysis of British Household Panel Survey data (1996–2008) we focus on transitions into unemployment and find that average effects of unemployment on a comprehensive well-being variable are less strong than on typical life satisfaction measures. The effect of unemployment on a broad mental well-being variable (GHQ-12) is reversed and mentally less well-off individuals suffer from unemployment more strongly than those scoring high in mental well-being.
Original language | English |
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Journal | Applied Economics Letters |
Volume | 22 |
Issue number | 8 |
Pages (from-to) | 619-627 |
Number of pages | 9 |
ISSN | 1350-4851 |
DOIs | |
Publication status | Published - 24 May 2015 |
Keywords
- BHPS
- quantile analysis
- subjective well-being
- treatment estimators
- unemployment