> NEW MEASURES OF THE COSTS OF UNEMPLOYMENT: EVIDENCE FROM THE
> SUBJECTIVE WELL-BEING OF 2.3 MILLION AMERICANS John F. Helliwell
> Haifang Huang Working Paper 16829 http://www.nber.org/papers/w16829 ,,,
Or, if you just want a factoid:
https://www.ssc.wisc.edu/econ/Durlauf/networkweb1/London/frustratedachievers.pdf
> Blanchflower and Oswald find that in most
> countries in Europe and in the U.S.—including those where unemployment
> benefits are very
> generous—being unemployed is equivalent in what they call “life
> dissatisfaction units” to
> dropping from the top to the bottom income quartile.
>