Financial Wealth, Consumption Smoothing and Income Shocks Arising from Job Loss

Fiche du document

Auteurs
Discipline
Type de document
Périmètre
Langue
Identifiants
Source

Archive ouverte de Sciences Po (SPIRE)

Relations

Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1111/j.0013-0427.2005.00424.x

Ce document est lié à :
info:eu-repo/semantics/altIdentifier/hdl/2441/9666

Collection

Sciences Po - SPIRE

Organisation

Sciences Po

Sujets proches En

Unemployment benefits Insurance, Unemployment Unemployment compensation

Citer ce document

Hans Bloemen et al., « Financial Wealth, Consumption Smoothing and Income Shocks Arising from Job Loss », Archive ouverte de Sciences Po (SPIRE), ID : 10.1111/j.0013-0427.2005.00424.x

Métriques

Partage / Export

Résumé 0

One of the reasons for setting up an unemployment insurance scheme is to allow job losers to smooth consumption. We test for the impact of unemployment benefits on changes in household food expenditure of individuals who have recently experienced a job loss. We also study the relationship between unemployment benefits and the financial wealth of the unemployed. From our empirical analysis we conclude that, for households without financial wealth at the time of job loss, unemployment benefits help to smooth food consumption. For households running debt before job loss, there is evidence that lower replacement rates lead to a postponement of debt repayment.

document thumbnail

Par les mêmes auteurs

Sur les mêmes sujets

Sur les mêmes disciplines

Exporter en