@TechReport{iza:izadps:dp2346,
            	author={Winkelmann, Rainer},
            	title={Unemployment, Social Capital, and Subjective Well-Being},
            	year={2006},
	month={Sep},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2346},
            	url={https://www.iza.org/index.php/publications/dp2346},
	abstract={It has been shown in past research that unemployment has a large negative impact on subjective well-being of individuals. In this paper, I explore whether and to what extent people with more social capital are sheltered from the harmful effects of unemployment. Using data from the German Socio-Economic Panel 1984-2004, I find that social capital is an important predictor of well-being levels, but there is no evidence that it moderates the effect of unemployment on well-being. The well-being loss, in turn, is shown to predict job search and re-employment. Possible reasons for these findings are discussed, and suggestions for future research are given.},
	keywords={happiness;German Socio-Economic Panel;search;regression},
            }