Arbeitspapier

The Causes and Consequences of Early-Adult Unemployment: Evidence from Cohort Data

We here use the employment-history data from the British Cohort Study to calculate an individual's total experience of unemployment from the time they left school up to age 30. We show that this experience is negatively correlated with the life satisfaction that the individual reports at age 30, so that past unemployment scars. We also identify the childhood circumstances and family background that predict this adult unemployment experience. Educational achievement and good behaviour at age 16 both reduce adult unemployment experience, and emotional health at age 16 is a particularly strong predictor of unemployment experience for women. Both boys and girls reproduce on average their parents' unemployment, so that adult unemployment experience is transmitted between generations. We uncover evidence of a social-norm effect: children from less-advantaged backgrounds both experience more adult unemployment but are less affected by it in well-being.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 12430

Classification
Wirtschaft
Labor Force and Employment, Size, and Structure
Labor Turnover; Vacancies; Layoffs
General Welfare; Well-Being
Subject
unemployment
life satisfaction
habituation

Event
Geistige Schöpfung
(who)
Clark, Andrew E.
Lepinteur, Anthony
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2019

Handle
Last update
20.09.2024, 8:22 AM CEST

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Clark, Andrew E.
  • Lepinteur, Anthony
  • Institute of Labor Economics (IZA)

Time of origin

  • 2019

Other Objects (12)