Schmieder, Julia. 2018. Job Displacement, Family Dynamic, and Spousal Labor Supply. Centre for Economic Policy Research Discussion Paper.
BibTeX
Abstract
We study the effectiveness of intra-household insurance among married couples when the husband loses his job due to a mass layoff or plant closure. Empirical results based on Austrian administrative data show that husbands suffer persistent employment and earnings losses, while wives' labor supply increases moderately due to extensive margin responses. Wives' earnings gains recover only a tiny fraction of the household income loss and, in the short-term, public transfers and taxes are a more important form of insurance. We show that the presence of children in the household is a crucial determinant of the wives' labor supply response.
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Status of publication | Published |
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Affiliation | WU |
Type of publication | Working/discussion paper, preprint |
Language | English |
Title | Job Displacement, Family Dynamic, and Spousal Labor Supply |
Title of whole publication | Centre for Economic Policy Research Discussion Paper |
Year | 2018 |
URL | https://cepr.org/active/publications/cite.php?Type=DP&Item=13247#Full |
JEL | D19, J22, J6 |
Associations
- People
- Schmieder, Julia (Former researcher)
- Organization
- Department of Economics (Kartal) (Details)
- Research areas (Ă–STAT Classification 'Statistik Austria')
- 5323 Econometrics (Details)
- 5351 Public economy (Details)
- 5902 Labour market research (Details)