Unemployment and Consumption: are Job Losses Less Painful Near the Mediterranean?
Samuel Bentolila () and
Working Papers from Centro de Estudios Monetarios Y Financieros-
In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel data on households in five countries. Our empirical relsuts indicate that an increase in the duration of unemployment spells of male household heads is associated with smaller consumption losses in Spanish and Italian households. We discuss this finding in the light of different market and insitutional frameworks.
Keywords: CONSUMPTION; UNEMPLOYMENT; SAVINGS (search for similar items in EconPapers)
JEL-codes: E21 E24 (search for similar items in EconPapers)
Pages: 53 pages
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Working Paper: Unemployment and Consumption: Are Job Losses Less Painful Near the Mediterranean? (2000)
Working Paper: Unemployment and Consumption: Are Job Losses Less Painful near the Mediterranean? (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:cemfdt:0010
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