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Scarring: The Psychological Impact of Past Unemployment

Clark, Andrew E., Georgellis, Yannis, Sanfey, Peter (2001) Scarring: The Psychological Impact of Past Unemployment. Economica, 68 (270). pp. 221-241. ISSN 0013-0427. (doi:10.1111/1468-0335.00243) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:41055)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
Official URL:
http://dx.doi.org/10.1111/1468-0335.00243

Abstract

This paper considers the psychological impact of past unemployment. Using 11 waves of German panel data, we show that life satisfaction is lower not only for the current unemployed (relative to the employed), but also for those with higher levels of past unemployment. However, the negative wellbeing effect of current unemployment is weaker for those who have been unemployed more often in the past. The panel data also reveal some evidence that those suffering greater falls in wellbeing on entering unemployment are less likely to remain unemployed one year later. Together, these findings offer a psychological explanation of persistent unemployment.

Item Type: Article
DOI/Identification number: 10.1111/1468-0335.00243
Subjects: H Social Sciences
Divisions: Divisions > Kent Business School - Division > Department of Leadership and Management
Depositing User: Yannis Georgellis
Date Deposited: 09 May 2014 00:58 UTC
Last Modified: 16 Nov 2021 10:16 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/41055 (The current URI for this page, for reference purposes)
Georgellis, Yannis: https://orcid.org/0000-0002-7866-8014
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