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来源类型Working Paper
规范类型报告
DOI10.3386/w16829
来源IDWorking Paper 16829
New measures of the costs of unemployment: Evidence from the subjective well-being of 3.3 million Americans
John F. Helliwell; Haifang Huang
发表日期2011-02-25
出版年2011
语种英语
摘要Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as those due to lower incomes, while the indirect effect at the population level is fifteen times as large. For those who are still employed, a one percentage point increase in local unemployment has an impact on well-being roughly equivalent to a four percent decline in household income. We also find evidence indicating that job security is an important channel for the indirect effects of unemployment.
主题Macroeconomics ; Consumption and Investment ; Public Economics ; Taxation ; Labor Economics ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w16829
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/574504
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John F. Helliwell,Haifang Huang. New measures of the costs of unemployment: Evidence from the subjective well-being of 3.3 million Americans. 2011.
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