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Sons' Unexpected Long Term Scarring Due to Fathers' Unemployment

Author

Listed:
  • Michael Kind

    (Ruhr Graduate School in Economics)

  • John P. Haisken-DeNew

    (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne)

Abstract

This study focuses on the long term effects of unemployment on subjective wellbeing in a family context for 17-24 year old sons living with at least one parent, using data from the German SOEP. As fathers enter unemployment, sons’ subjective wellbeing is not only reduced immediately, but also 5 years into the future. As this future reduction remains unexpected by the sons, this suggests even higher true costs of unemployment than previously thought.

Suggested Citation

  • Michael Kind & John P. Haisken-DeNew, 2012. "Sons' Unexpected Long Term Scarring Due to Fathers' Unemployment," Melbourne Institute Working Paper Series wp2012n21, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    • Handle: RePEc:iae:iaewps:wp2012n21
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    References listed on IDEAS

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    Cited by:

    1. Pretnar, Nick, 2020. "The Intergenerational Welfare Implications of Disease Contagion," MPRA Paper 101862, University Library of Munich, Germany, revised 14 Jul 2020.
    2. Kind, Michael, 2015. "Start me up: How fathers' unemployment affects their sons' school-to-work transitions," Ruhr Economic Papers 583, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.

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    More about this item

    Keywords

    Life satisfaction; unemployment; intergenerational transmission; expectations;
    All these keywords.

    JEL classification:

    • Z1 - Other Special Topics - - Cultural Economics
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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