"Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in their life satisfaction when they retire. These results are robust to controlling for changes in other life circumstances and suggest that retiring is associated with a switch in the relevant social norms that causes an increase in identity utility for the formerly unemployed. This is supportive of the idea that, by including identity in the utility function, results from the empirical life satisfaction literature can be reconciled with the economic theory of individual utility."Clemens Hetschko, Andreas Knabe & Ronnie Schöb, "Changing Identity: Retiring from Unemployment" (pdf), Socio-Oekonomische Panel papers september 2011
Och ett paper på brittiska individ-paneldata visar att medan ens välmående-nivå anpassar sig på sikt efter många typer av förändringar i ens livssituation, så återhämtar inte välmåendet sig efter att man blivit arbetslös:
"We look for evidence of adaptation in well-being to major life events using eighteen waves of British panel data. Adaptation to marriage, divorce, birth of a child and widowhood appears to be rapid and complete, whereas this is not the case for unemployment. These findings are remarkably similar to those in previous work on German panel data."
Andrew E. Clark, Yannis Georgellis, "Back to Baseline in Britain: Adaptation in the BHPS", IZA Discussion Paper, mars 2012
Via Stumbling and Mumbling.
Uppdatering
Hetschko, Knabe och Schöb: "Identity and wellbeing: How retiring makes the unemployed happier", voxeu 4 maj
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