Unexpected Victims: How Parents' Unemployment Affects Their Children's Life Satisfaction
23 Pages Posted: 18 Feb 2012
Date Written: February 2012
Abstract
The effects of unemployment on the subjective wellbeing (SWB) of the unemployed on the unemployed are well documented. Using data from the German SOEP for 17-25 year olds living with their parents, this paper examines the additional indirect effects of parents’ unemployment on their children’s subjective wellbeing in an attempt to capture the full impact of unemployment. The reason for entry (exogenous versus endogenous) into unemployment plays a major role. Fathers who enter unemployment exogenously affect their son’s SWB negatively, as do mothers who enter into unemployment endogenously. Parental unemployment has no impact on daughters’ SWB.
Keywords: Life satisfaction, unemployment, intergenerational transmission
JEL Classification: Z1, J64, J65, J13
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
You're Fired! The Causal Negative Effect of Entry Unemployment on Life Satisfaction
By Sonja C. De New (née Kassenboehmer) and John P. Haisken-denew
-
You're Fired! The Causal Negative Effect of Unemployment on Life Satisfaction
By Sonja C. De New (née Kassenboehmer) and John P. Haisken-denew
-
Consistent Estimation of the Fixed Effects Ordered Logit Model
By Gregori Baetschmann, Kevin E. Staub, ...
-
By Gregori Baetschmann, Kevin E. Staub, ...
-
How Does Heterogeneity Shape the Socioeconomic Gradient in Health Satisfaction?
By Andrew M. Jones and Stefanie Schurer
-
Individual Rationality and Learning: Welfare Expectations in East Germany Post-Reunification
By Paul Frijters, John P. Haisken-denew, ...
-
Social Jealousy and Stigma - Negative Externalities of Social Assistance Payments in Germany
By Sonja C. De New (née Kassenboehmer) and John P. Haisken-denew
-
By Adrian Chadi
-
By Paul Frijters, Harry Greenwell, ...
-
Other-Regarding Preferences, Spousal Disability and Happiness: Evidence from German Couples
