Job Insecurity: A Collective Approach
AbstractThis study investigates the effects of perceived unemployment risks on the distribution of bargaining power between spouses in a household context. As the replacement ratio is rarely above 50%, becoming unemployed has serious consequences on an individual’s consumption, savings and wealth. The risk of losing the job is shown to be a pertinent consideration when household members make consumption and labour supply decisions. This work sheds light on how unemployment risk may affect the interaction between spouses and their decision structure within the Collective model.
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Bibliographic InfoPaper provided by Department of Economics, University of York in its series Discussion Papers with number 10/06.
Date of creation: Apr 2010
Date of revision:
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Postal: Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom
Phone: (0)1904 323776
Fax: (0)1904 323759
Web page: http://www.york.ac.uk/economics/
More information through EDIRC
Labour supply; Unemployment; Risk; Household; Collective.;
Find related papers by JEL classification:
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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