How do households respond to job loss? Lessons from multiple high-frequency datasets (Record no. 524751)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01262nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240116b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Andersen, Asger Lau et al |
| 245 ## - TITLE STATEMENT | |
| Title | How do households respond to job loss? Lessons from multiple high-frequency datasets |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | American Economic Journal: Applied Economics |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 15(4), Oct, 2023: p.1-29 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | How much and through which channels do households self-insure against job loss? Combining data from a large bank and from government sources, we quantify a broad range of responses to job loss in a unified empirical framework. Cumulated over a two-year period, households reduce spending by 30 percent of their income loss. They mainly self-insure through adjustments of liquid balances, which account for 50 percent of the income loss. Other channels—spousal labor supply, private transfers, home equity extraction, mortgage refinancing, and consumer credit—contribute less to self-insurance. Both overall self-insurance and the channels vary with household characteristics in intuitive ways.- Reproduced https://www.aeaweb.org/articles?id=10.1257/app.20210206 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | American Economic Journal: Applied Economics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | EMPLOYMENT |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-01-16 | 15(4), Oct, 2023: p.1-29 | AR130558 | 2024-01-16 | Articles |