October 2017

Gender and Unemployment

Gender and Unemployment
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Intro

How does unemployment impact men and women’s wellbeing?

Existing research provides clear evidence that the effect of unemployment goes well beyond a loss in earnings (Winkelmann and Winkelmann, 1998), it has a detrimental impact on individuals’ happiness and their satisfaction with life (see, for example, Binder and Coad, 2015 for Britain; Blanchflower and Oswald, 2004 for the US; Ferreira et al., 2016 for southern Europe; Kassenboehmer and Haisken-DeNew, 2009 for Germany; Milner, 2016 for Australia; Powdthavee, 2007 for South Africa; Urbanos-Garrido and Lopez-Valcarcel, 2015 for Spain). Although people have a tendency to adapt to important life events such as marriage, divorce, birth of a child etc., the negative effect of unemployment on life satisfaction persists (Clark et al., 2008; Clark and Georgellis, 2013). Life satisfaction drops upon unemployment and it never gets back to the pre-unemployment levels, even when returning to employment. That is, people never fully adapt to unemployment (Clark et al., 2001; Clark et al., 2008; Hahn et al., 2015; Lucas et al., 2004; Oesch and Lipps, 2013).

Close Intro

What are the key findings?

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