Private-sector wellbeing impacted by job cuts

Public servants are less sensitive to rises in unemployment than workers in the private sector, research published by the Boston Federal Reserve finds.

The research suggests that increased economic insecurity for private-sector workers constitutes an important welfare loss associated with high general unemployment.

The research uses panel data for Germany and repeated cross-sectional data for the US and the EU to come to its conclusions.

To read the research, click here

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account