NEW YORK - Naci Mocan, E. J. Ourso Distinguished Chair of Economics and a research associate for the National Bureau of Economic Research in Cambridge, Mass., had a study referenced in The New York Times article “The Fire Bell of Unemployment.”
The article discusses the negative ramifications of long-term unemployment because it “tears the fabric of our society.” The article references Mocan’s study in which he and Duha Altindag of Auburn University used data from the World Values Survey on more than 130,000 people from 69 countries to “learn how unemployment affects confidence in civil society and basic democratic institutions.” Altindag is a graduate of the economics Ph.D. program at LSU.
“They also found that, in countries where they had the appropriate data, people who have been unemployed for more than a year are even more likely to agree, if other factors are held constant,” the article states.
To read the entire article, published November 26, 2011, click here.
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