Angelopulos, Kōnstantinos; Lazarakis, Spyridon; … - 2017
moments of the distributions of earnings, employment and wage shocks across individuals. Our main finding is that … idiosyncratic risk increases during contractions in the labour market. Furthermore, we find evidence of insurance, both at the … household level and in the form of public insurance. However, private and public insurance mechanisms against an increase in …