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Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097
-employment duration, unemployment duration, and re-employment wages in the case of job displacements due to firm closures. We use … unemployment, but not in terms of wages, compared to males. Policymakers may consider the importance of implementing diverse …
Persistent link: https://www.econbiz.de/10014289907
This study is the first to provide a causal estimate of the subjective well-being effects of spousal unemployment at … job termination induced by workplace closure, we show that spousal unemployment reduces the life satisfaction of … driven by an income effect, but likely reflect the psychological costs of unemployment. Our findings are robust to a battery …
Persistent link: https://www.econbiz.de/10011591446
This study is the first to provide a causal estimate of the subjective well-being effects of spousal unemployment at … job termination induced by workplace closure, we show that spousal unemployment reduces the life satisfaction of … driven by an income effect, but likely reflect the psychological costs of unemployment. Our findings are robust to a battery …
Persistent link: https://www.econbiz.de/10011594644
This paper studies whether individuals that experienced parental unemployment during their childhood/early adolescence …. Our identification strategy of the causal effect of parental unemployment relied on plant closures as exogenous variation … of the individual labor market condition. We combined matching methods and parametric estimation to strengthen the causal …
Persistent link: https://www.econbiz.de/10014250656
This paper studies whether individuals that experienced parental unemployment during their childhood/early adolescence …. Our identification strategy of the causal effect of parental unemployment relied on plant closures as exogenous variation … of the individual labor market condition. We combined matching methods and parametric estimation to strengthen the causal …
Persistent link: https://www.econbiz.de/10014286188
This paper studies whether individuals that experienced parental unemployment during their childhood/early adolescence …. Our identification strategy of the causal effect of parental unemployment relied on plant closures as exogenous variation … of the individual labor market condition. We combined matching methods and parametric estimation to strengthen the causal …
Persistent link: https://www.econbiz.de/10014266464
The COVID-19 pandemic led to an unprecedented level of job losses in the U.S., where a job loss is also associated with the loss of health insurance. This paper uses data from the 2020 Household Pulse Survey (HPS) and difference-in-difference (DD) regressions to estimate the effect of the...
Persistent link: https://www.econbiz.de/10013169970
This study examines the impact of involuntary job loss on the mental health of family members. Estimates from fixed-effects panel data models, using panel data for Australia, provide little evidence of any negative spillover effect on the mental health of husbands as a result of their wives' job...
Persistent link: https://www.econbiz.de/10010423790
To assess to what extent collective job displacements can be regarded as unanticipated exogenous shocks for affected employees, we analyze plant-level employment patterns before bankruptcy, plant closure without bankruptcy, and mass layoff. Utilizing administrative data covering all West German...
Persistent link: https://www.econbiz.de/10011523595