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Job Insecurity within the Household: Are Australian Householders Caring when it Comes to Risk Sharing?
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| Journal | Australian Journal of Labour Economics |
|---|---|
| Date | Accepted/In press - Nov 2016 |
| Date | Published (current) - 2016 |
| Issue number | 2 |
| Volume | 19 |
| Number of pages | 14 |
| Pages (from-to) | 77-90 |
| Original language | English |
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.
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- household, labour supply, job-insecurity, collective, bargaining
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