Shocked by therapy? Unemployment in the first years of the socio-economic transition in Poland and its long-term consequences

"We examine long-term implications of unemployment for material conditions and well-being using the Polish sample from the Survey of Health, Ageing and Retirement in Europe (SHARE). Retrospective data from the SHARELIFE survey are used to reconstruct labour market experiences across the thresho...

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Bibliographic Details
Main Authors: Myck, Michal, Oczkowska, Monika
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2018
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19397459124911156319-Shocked-by-therapy?-unemployme.htm
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author Myck, Michal
Oczkowska, Monika
author_facet Myck, Michal
Oczkowska, Monika
collection Library items
description "We examine long-term implications of unemployment for material conditions and well-being using the Polish sample from the Survey of Health, Ageing and Retirement in Europe (SHARE). Retrospective data from the SHARELIFE survey are used to reconstruct labour market experiences across the threshold of the socio-economic transformation from a centrally planned to a free market economy in Poland. These individual experiences are matched with outcomes observed in the survey about 20 years later to examine their correlation with unemployment at the time of the transition. We find that becoming unemployed in the early 1990s correlates significantly with income, assets and a number of measures of well-being recorded in 2007 and 2012. Using plant closures to reflect exogenous changes to labour market status at the time of the transition, we are able to confirm the causal effect of unemployment on income and house ownership 20 years later, but find no evidence for a long-term causal relationship between unemployment and such measures of well-being as life satisfaction, depression and subjective assessment of material conditions."
format TEXT
geographic Poland
id 19397459124911156319_90250ba56b19496a8271bf821a572add
institution ETUI-European Trade Union Institute
is_hierarchy_id 19397459124911156319_90250ba56b19496a8271bf821a572add
is_hierarchy_title Shocked by therapy? Unemployment in the first years of the socio-economic transition in Poland and its long-term consequences
language English
physical 31 p.
Digital
publishDate 2018
publisher Bonn
IZA
spellingShingle Myck, Michal
Oczkowska, Monika
unemployment
economic integration
labour market
economic policy
Shocked by therapy? Unemployment in the first years of the socio-economic transition in Poland and its long-term consequences
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=132041395022
title Shocked by therapy? Unemployment in the first years of the socio-economic transition in Poland and its long-term consequences
topic unemployment
economic integration
labour market
economic policy
url https://www.labourline.org/KENTIKA-19397459124911156319-Shocked-by-therapy?-unemployme.htm