Subjective Well-Being Approach to Valuing Unemployment: Direct and Indirect Cost

The study presents a subjective well-being approach to estimating the direct and indirect cost of unemployment. Using a combined dataset from the World Values Survey and the World Development Indicators, the study finds that the indirect cost of unemployment is about twice the size of the direct cos...

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Bibliographic Details
Main Author: Beja, Edsel L, Jr
Format: text
Published: Archīum Ateneo 2019
Subjects:
Online Access:https://archium.ateneo.edu/economics-faculty-pubs/56
https://link.springer.com/article/10.1007/s42413-019-00053-7
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Institution: Ateneo De Manila University