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 language | English |
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Pages (from-to) | 77-90 |
Number of pages | 14 |
Journal | Australian Journal of Labour Economics |
Volume | 19 |
Issue number | 2 |
Publication status | Published - 2016 |
Bibliographical note
Uploaded in accordance with the publisher’s self-archiving policy. Further copying may not be permitted; contact the publisher for details.Keywords
- household, labour supply, job-insecurity, collective, bargaining