Job displacement, family dynamic, and spousal labor supply /
Halla, Martin,author.
Schmieder, Julia,author.
Weber, Andrea(Andrea Michaela),author.
Centre for Economic Policy Research (Great Britain),publisher.
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.
Description based on online resource; title from http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=13247 viewed October 16, 2018.
"Published 16 October 2018"
"Submitted 15 October 2018"
Includes bibliographical references (pages 34-37).
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.
Displaced workers
Married women
Labor supply
Displaced workers.
Labor supply.
Married women