Job Insecurity within the Household: Are Australian Householders Caring when it Comes to Risk Sharing?

Francesco Mariotti, Maria Dixon, Karen Ann Mumford, Yolanda Pena-Boquete

Research output: Contribution to journalArticlepeer-review

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.
Original languageEnglish
Pages (from-to)77-90
Number of pages14
JournalAustralian Journal of Labour Economics
Volume19
Issue number2
Publication statusPublished - 2016

Bibliographical note

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Keywords

  • household, labour supply, job-insecurity, collective, bargaining

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