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Household Vulnerability to Employment Shocks, 1997-1998

Author

Listed:
  • Michael M. Alba

    (College of Business and Economics, De La Salle University, Manila)

Abstract

This paper studies the vulnerability of Filipino households to employment shocks that were brought on by the Asian financial crisis and the El Niño dry spells of 1997 and 1998. Using a panel data set of households culled from eight consecutive quarters of the Labor Force Surveys and the 1997 Family Income and Expenditures Survey, it explores the correlates of employment-shock vulnerability from among a select set of household characteristics. It finds that the factors affecting vulnerability are different in different quarters. Moreover, the statistically significant variables are different for male and female workers.

Suggested Citation

  • Michael M. Alba, 2001. "Household Vulnerability to Employment Shocks, 1997-1998," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 38(1), pages 53-91, June.
    • Handle: RePEc:phs:prejrn:v:38:y:2001:i:1:p:53-91
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    File URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/42/546
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    Cited by:

    1. Alba, Michael M. & See, Edward C., 2007. "Exploring Household Saving and Consumption-Smoothing in the Philippines," Philippine Journal of Development PJD 2006 Vol. XXXIII Nos., Philippine Institute for Development Studies.
    2. repec:phd:pjdevt:pjd_2006_vol._xxxiii_nos._1and2-c is not listed on IDEAS

    More about this item

    Keywords

    economic vulnerability; economic shock;

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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