Literaturnachweis - Detailanzeige
| Autor/inn/en | Luechinger, Simon; Meier, Stephan; Stutzer, Alois |
|---|---|
| Titel | Why Does Unemployment Hurt the Employed? Evidence from the Life Satisfaction Gap between the Public and the Private Sector |
| Quelle | In: Journal of Human Resources, 45 (2010) 4, S.998-1045 (48 Seiten)
PDF als Volltext |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Zeitschriftenaufsatz |
| ISSN | 0022-166X |
| Schlagwörter | Foreign Countries; Unemployment; Employees; Private Sector; Government Employees; Life Satisfaction; Well Being; Comparative Analysis; Job Security; Social Influences; Germany; United States |
| Abstract | High unemployment rates entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular job security, by exploiting sector-specific institutional differences in the exposure to economic shocks. Public servants have stricter dismissal protection and face a lower risk of their organization becoming bankrupt than private sector employees. The empirical results from individual panel data for Germany and repeated cross-sectional data for the United States and Europe show that private sector employees' subjective well-being reacts indeed much more sensitive to fluctuations in unemployment rates than public sector employees'. (Contains 15 footnotes, 12 tables, and 4 figures.) (As Provided). |
| Anmerkungen | University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail: journals@uwpress.wisc.edu; Web site: http://www.wisc.edu/wisconsinpress/journals |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
| Update | 2017/4/10 |
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