Schmieder, Julia. 2018. Job Displacement, Family Dynamic, and Spousal Labor Supply. Centre for Economic Policy Research Discussion Paper.

RIS

@MISC{Schmieder2018,
title = {Job Displacement, Family Dynamic, and Spousal Labor Supply},
author = {Julia Schmieder},
year = {2018},
url = {https://cepr.org/active/publications/cite.php?Type=DP&Item=13247#Full},
language = {EN},
series = {Centre for Economic Policy Research Discussion Paper},
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.},
}