Job Insecurity Within the Household: Are Australian Householders Caring When it Comes to Risk Sharing?

Francesco Mariotti (), Maria Dickson, Karen Mumford () and Yolanda Pena-Boquete
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Francesco Mariotti: University of Trento
Maria Dickson: University of Trento
Yolanda Pena-Boquete: University of Vigo

Australian Journal of Labour Economics (AJLE), 2016, vol. 19, issue 2, 77-90

Abstract: We investigate perceived job security risk and the distribution of non-labour income between spouses in a household context. In the process, the restrictions implied by Beckerian-caring preferences in the Chiappori (2002) Collective model are considered, and estimates of the sharing rule are derived. The findings support the idea of household formation as a tool that caring partners use to share risk. Our results provide further insight as to how unemployment risk may affect interaction between Australian spouses.

Keywords: household; labour supply; job-insecurity; collective; bargaining (search for similar items in EconPapers)
JEL-codes: J01 J3 J6 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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