I can't forget about U
Lifetime unemployment and retirement wellbeing
Bibliographic Data
| ID | 9722920 |
|---|---|
| Authors | Andrew E Clark (0000-0001-7004-7654, Paris School of Economics), Anthony Lepinteur (0000-0002-5929-8628, University of Luxembourg, corresponding author) |
| Year | 2025 |
| Volume | 92 |
| Issue | 368 |
| Pages | 1083-1100 |
| Publication date | 2025-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ecca.70007 |
| OpenAlex | W4413303275 |
| Language | EN |
| Citations received | 1 |
| References cited | 35 |
It is well known that unemployment leaves scars after re‐employment, but does this scarring effect persist even after retirement? We analyse European data on retirees from the SHARE panel, and show that the wellbeing of the retired continues to reflect the unemployment that they experienced over their working life. These scarring effects are somewhat smaller for older retirees, but larger for those who arguably had higher expectations regarding the labour market when they were active. The lower wellbeing from lifetime unemployment does not reflect lower retirement income. This long‐run scarring for those who have left the labour market underlines that contemporaneous correlations significantly underestimate the wellbeing cost of unemployment
Demographic economics · Economic growth · Economics · Labour economics · Unemployment · Employment and Welfare Studies · Financial Literacy, Pension, Retirement Analysis · Retirement, Disability, and Employment
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Recent Advances in the Economics of Individual Subjective Well-Being
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Unemployment and Marital Dissolution
She Left, He Left
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |