The Response of Wivesf Labor Supply to Husbandsf Job Loss
AbstractThis paper examines how Japanese wives react to their husbandsf involuntary job loss, and tests the existence of complementarity of a wifefs labor supply to her husbandfs. Utilizing panel data on Japanese households from 1993 to 2004, we found that wivesf labor supply is stimulated when husbands suffer involuntary job loss. The detailed statistics show that not only do working wives raise their labor hours but also nonworking wives begin to participate in the labor market. The added worker effect is evident during the period of job insecurity in Japan following the mid-1990s.
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Bibliographic InfoPaper provided by Osaka School of International Public Policy, Osaka University in its series OSIPP Discussion Paper with number 08E007.
Length: 26 pages
Date of creation: Apr 2008
Date of revision:
Added worker effects; Female labor supply; Within-family risk-sharing; Household panel data; Japan;
Find related papers by JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
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