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Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
CESifo Working Paper No. 10776
Verlag: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Zusammenfassung: 
This paper examines possible spillover effects of parental unemployment on the subjective wellbeing of 12- to 21-year-old children. Using German panel data (SOEP), we show that unemployment of fathers and mothers is negatively associated with their children's life satisfaction. When controlling for time-invariant individual heterogeneity, our results suggest that maternal unemployment has negative effects, while no effect of fathers' unemployment can be detected. In subgroup analyses, we do not find differential impacts between sons and daughters or between younger and older children. Further results suggest that the impact of parental unemployment differs between high- and low-unemployment regions.
Schlagwörter: 
unemployment
life satisfaction
happiness
children
intergenerational transmission
JEL: 
I31
J13
J63
J64
Dokumentart: 
Working Paper
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