The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Unemployment as a Social Norm: Psychological Evidence from Panel Data
Abstract
This article uses seven waves of panel data to test for social norms in labor market status. The unemployed's well‐being is shown to be strongly positively correlated with reference group unemployment (at the regional, partner, or household level). This result, far stronger for men, is robust to controls for unobserved individual heterogeneity. Panel data also show that those whose well‐being fell the most on entering unemployment are less likely to remain unemployed. These findings suggest a psychological explanation of both unemployment polarization and hysteresis, based on the utility effects of a changing employment norm in the reference group.
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Citations
Cites
Subjective well-being: Three decades of progress.
Diener, E., Suh, E. M., Lucas, R. E., & Smith, H. L. (1999) · Psychological Bulletin · doi:10.1037/0033-2909.125.2.276 · Cited by 12,910
Cited by
Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles
Clark, A. E., Frijters, P., & Shields, M. A. (2008) · Journal of Economic Literature · doi:10.1257/jel.46.1.95 · Cited by 3,159
Self-citationDolan, P., Peasgood, T., & White, M. (2008) · Journal of Economic Psychology · doi:10.1016/j.joep.2007.09.001 · Cited by 3,121
Beyond money: toward an economy of well-being
Diener, E., & Seligman, M. E. P. (2004) · Psychological Science in the Public Interest · doi:10.1111/j.0963-7214.2004.00501001.x · Cited by 2,555
The social context of well–being
Helliwell, J. F., & Putnam, R. D. (2004) · Philosophical Transactions of the Royal Society of London. Series B: Biological Sciences · doi:10.1098/rstb.2004.1522 · Cited by 2,354
Psychological well-being: evidence regarding its causes and consequences
Huppert, F. A. (2009) · Applied Psychology: Health and Well-Being · doi:10.1111/j.1758-0854.2009.01008.x · Cited by 1,583
Metadata
- Authors
- Clark, A. E.
- Venue
- Journal of Labor Economics
- Publisher
- University of Chicago Press
- Published
- 2003-04
- Volume
- 21
- Issue
- 2
- Pages
- 323-351
- ISSN
- 0734-306X (ISSN-L)
- 1537-5307
- OpenAlex
- W2128278229
- Cited by
- 1,171
- References
- 1
- FWCI
- 52.99
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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