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Well-Being, Decision-Making and Unemployment in Europe

Funder: The European Commission Marie Curie Actions 
Amount: £58,000 (Direct Costs)
Behavioural Science Centre Member: Professor Liam Delaney (PI)
Other Researchers: Dr Michael Daly

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The aim of this three year project is to develop and test a model of unemployment, taking into account interactions between unemployment, well-being and inter-temporal decision making. The project will focus in particular on youth unemployment. Youth unemployment rates across Europe are currently at alarmingly high rates and traditional employment activation models are having very little success in a context of sluggish labour demand. Understanding, how the current rates of unemployment will lead to long-term unemployment and scarring among young people in Europe and potential responses is a key task for research and policy. The project utilises existing secondary datasets, such as the European Social Survey (ESS) to examine the linkages between well-being, unemployment and decision-making from the disciplinary perspectives of economics, epidemiology and psychology.

As of July 2014, work from this project has been presented during the period at several conferences, seminars and audiences with policy-makers:

(i) “Scarring Effects of Unemployment Throughout Life”. Seminar at King’s College London School of Management.  

(ii) “Self-control and unemployment throughout the lifespan” at the 6th Annual Irish Economics and Psychology Conference in Maynooth on November 29th 2013.

(iii) Summary of research to date at Skills Development Scotland in Glasgow on February 2nd2014.

(iv) “Self-control and unemployment throughout the lifespan” at the University of Stirling Economics seminar on March 3rd 2014.

(v) “Self-control and unemployment throughout the lifespan” at the British Society for the Psychology of Individual Differences (BSPID) in London on April 25th 2014.

(vi) “Childhood psychological distress and youth unemployment” at Individual Differences Journal Club in The University of Edinburgh on May 2nd 2014.

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