Unhappiness and job finding

janvanours, annegielen0, Mon, 02/13/2012

Much research has documented that unemployment makes people unhappy. But does unhappiness spur the unemployed to look harder for jobs? And if so, why do governments need to help them find work with active labour market policies? CEPR DP8842 finds that the unhappiest of the unemployed do search harder for jobs, but don’t find them faster – suggesting that even the most motivated jobseekers could benefit from activation policies.

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Vox readers can download CEPR Discussion Paper 8842 for free here. 

Journalists are entitled to free DP downloads on request; please contact [email protected]. To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

 

Journalists are entitled to free DP downloads on request; please contact [email protected]. To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

URL:  http://www.cepr.org/DP8842

Topics:  Europe's nations and regions Labour markets

Tags:  Germany, unemployment, Active Labour market policy, Happiness economics

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