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Jobless, friendless and broke : what happens to different areas of life before and after unemployment?
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Powdthavee, Nattavudh (2011) Jobless, friendless and broke : what happens to different areas of life before and after unemployment? Economica, 79 (315). pp. 557-575. doi:10.1111/j.1468-0335.2011.00905.x ISSN 0013-0427.
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Official URL: http://dx.doi.org/10.1111/j.1468-0335.2011.00905.x
Abstract
Using a nationally representative longitudinal dataset of the British people, this paper explores how different areas of a person's life evolved before and after unemployment. There is evidence that unemployment is preceded, on average, by a year of dissatisfaction with one's finance and job, for both genders. Having entered unemployment, men and women reported a significant and persistent drop in satisfaction with finance and social life, which perhaps explains why there is little overall hedonic adaptation to unemployment. This paper proposes a two-layer model to study leads and lags in life satisfaction to changes in employment status.
Item Type: | Journal Article | ||||
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Divisions: | Faculty of Social Sciences > Warwick Business School | ||||
Journal or Publication Title: | Economica | ||||
Publisher: | Blackwell Publishing | ||||
ISSN: | 0013-0427 | ||||
Official Date: | 2011 | ||||
Dates: |
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Volume: | 79 | ||||
Number: | 315 | ||||
Page Range: | pp. 557-575 | ||||
DOI: | 10.1111/j.1468-0335.2011.00905.x | ||||
Status: | Peer Reviewed | ||||
Access rights to Published version: | Restricted or Subscription Access |
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