The Insurance Role of Household Labor Supply for Older Workers
dc.contributor.author | Li, Yanan | |
dc.contributor.author | Prowse, Victoria | |
dc.date.accessioned | 2015-01-08T18:18:02Z | |
dc.date.available | 2015-01-08T18:18:02Z | |
dc.date.issued | 2014-09 | |
dc.identifier.citation | Li, Yanan and Victoria Prowse. 2014. "The Insurance Role of Household Labor Supply for Older Workers." University of Michigan Retirement Research Center (MRRC) Working Paper, WP 2014-309. Ann Arbor, MI. http://www.mrrc.isr.umich.edu/publications/papers/pdf/wp309.pdf | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/110118 | |
dc.description.abstract | In this paper, we explore and compare how older and younger couple house- holds use adjustments in the wife’s labor supply to mitigate the e?ects of negative shocks to the husband’s employment status. Using di?erence-in-di?erences match- ing methods, we document a substantial added worker e?ect for younger house- holds. However, the wives of older men do not increase employment in response to their husbands’ negative employment shocks. Instead, in older households, fe- male unemployment increases. These results are consistent with older women being constrained by the labor market in the extent to which they can adjust their labor supply to mitigate the e?ects of spousal employment shocks. Our ?ndings suggest that spousal labor supply is not an e?ective intra-household insurance device for older households. | en_US |
dc.description.sponsorship | Social Security Administration | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104 | en_US |
dc.relation.ispartofseries | WP 2014-309 | en_US |
dc.subject | Added Worker Effect; Household Labor Supply; Unemployment; Retire- Ment; Aging; Older Workers; Employment Risk; Intra-household Insurance; Propensity Score Matching | en_US |
dc.title | The Insurance Role of Household Labor Supply for Older Workers | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Population and Demography | |
dc.subject.hlbtoplevel | Social Sciences | |
dc.contributor.affiliationother | Cornell University | en_US |
dc.contributor.affiliationother | Cornell University | en_US |
dc.contributor.affiliationumcampus | Ann Arbor | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/110118/1/wp309.pdf | |
dc.owningcollname | Retirement and Disability Research Center, Michigan (MRDRC) |
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