Job loss is an involuntary disruptive life event with a far-reaching impact on workers' life
trajectories. Its incidence among growing segments of the workforce, alongside the recent …

One of the most striking features of European labor markets is the high incidence of longterm
unemployment. In this chapter, we review the literature on its causes and consequences …

There are fewer people living in extreme poverty in the world today than 30 years ago. While
that is an achievement, continuing progress for poor people is far from assured. Inequalities …

Personal relationships are among the most influential factors for achieving a happy life. Yet,
there is insufficient empirical evidence on the role of the built environment in social life and …

This paper analyzes those economic and social consequences of job loss which contribute
to exclusion from society, based on German linked survey and administrative data. In order …

In recent years, there has been a steadily increasing interest on the part of economists in
happiness research. We argue that reported subjective well-being is a satisfactory empirical …

The well-known Easterlin paradox points out that average happiness has remained constant
over time despite sharp rises in GNP per head. At the same time, a micro literature has …

Curiously, economists, whose discipline has much to do with human well-being, have shied
away from factoring the study of happiness into their work. Happiness, they might say, is …

This paper tests for the importance of non‐pecuniary costs of unemployment using a
longitudinal data‐set on life‐satisfaction of working‐age men in Germany. We show that …

A leading economist discusses the potential of happiness research (the quantification of well-
being) to answer important questions that standard economics methods are unable to …