Return to search

Job Displacement, Family Dynamics, and Spousal Labor Supply, CEPR Discussion Papers, No. 13247

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.

Identiferoai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:6609
Date10 1900
CreatorsHalla, Martin, Schmieder, Julia, Weber, Andrea
PublisherCentre for Economic Policy Research
Source SetsWirtschaftsuniversität Wien
LanguageEnglish
Detected LanguageEnglish
TypePaper, NonPeerReviewed
Formatapplication/pdf
Relationhttps://cepr.org/active/publications/cite.php?Type=DP&Item=13247#Full, http://www.cepr.org, http://epub.wu.ac.at/6609/

Page generated in 0.002 seconds