Does the unemployment rate moderate the well‐being disadvantage of the unemployed? Within‐region estimates from the European Social Survey
Year: 2023
Type: article
Abstract: Using pooled cross‐sectional data (eight waves of the European Social Survey), this work analysed how the regional unemployment rate influences the well‐being disadvantages of the unemployed. We estimate region fixed effects and slopes models that, unlike the standard region fixed effects approach, provide an unbiased estimate of the cross‐level interaction term (between being unemployed and the unemployment rate) in the absence of unobserved time‐variant confounders. The results show that the satisfaction disadvantage of the unemployed (relative to the employed) is larger when the regional unemployment rate is higher. Smaller and insignificant differences were found regarding happiness. These results are in line with the argument that worse re‐employment perspectives in high‐unemployment regions may be particularly harmful to unemployed people. These results do not contradict the claim that, in regions with a weaker social norm to work, unemployed people may be more satisfied. Instead, they suggest that the unemployment rate does not reflect the social norm to work.
Source: Kyklos
DOI: 10.1111/kykl.12357
Authors: Gábor Hajdu, Tamás Hajdu
Language: English
Subfield: General Health Professions
Field: Health Professions
Domain: Health Sciences
Open Access status: green
Funder: Magyar Tudományos Akadémia
OpenAlex ID: W3088620827
