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PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
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CALSCALE:GREGORIAN
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UID:diw_01.c.432200.en
LOCATION:Eleanor-Dulles-Raum,DIW Berlin im Quartier 110,5.2.010,Anton-Wilhelm-Amo-Straße 58,10117 Berlin
SUMMARY:Looking Back in Anger? Retirement and Unemployment Scarring
DESCRIPTION:12:30-13:30 // (joint with A. Knabe und R. Schöb)Unemployment leaves scars since it lowers workers' life satisfaction even when they are reemployed. Using German panel data, we test whether unemployment experience prior to retirement lowers well-being in retirement. Although retired people report the less life satisfaction the more unemployment they experienced, we cannot attribute this difference to unemployment. A final unemployment spell does not lower life satisfaction after retirement below the level during employment before. Actually, people are the more satisfied after retirement compared to employment periods the more unemployment they experienced in their lives. Our findings indicate that scars of unemployment are limited to working life and that retirement helps people to overcome issues coinciding with unemployment experience.
DTSTART;VALUE=DATE:20131127
DTEND;VALUE=DATE:20131127
DTSTAMP:20131124T230000Z
URL:https://www.diw.de/en/diw_01.c.432200.en/events/looking_back_in_anger_retirement_and_unemployment_scarring.html
ORGANIZER;CN=Sarah Dahmann:mailto:sdahmann@diw.de
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