Search Results

Showing results 1 to 2 of approximately 2.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Household labor dynamics 

Working Paper
The Nature of Household Labor Income Risk

What is the nature of labor income risk facing households? We answer this question using detailed administrative data on household earnings from the U.S. Internal Revenue Service. By analyzing total household labor earnings as well as each member's earnings, we offer several new findings. One, households face substantially less risk than males in isolation. Second, households face roughly half the countercyclical increase in risk that males face. Third, spousal labor income ameliorates household earnings risk through both extensive and intensive margins.
Finance and Economics Discussion Series , Paper 2018-034

Working Paper
Income in the Off-Season: Household Adaptation to Yearly Work Interruptions

Joblessness is highly seasonal. To analyze how households adapt to seasonal joblessness, we introduce a measure of seasonal work interruptions premised on the idea that a seasonal worker will tend to exit employment around the same time each year. We show that an excess share of prime-age US workers experience recurrent separations spaced exactly 12 months apart. These separations coincide with aggregate seasonal downturns and are concentrated in seasonally volatile industries. Examining workers most prone to seasonal work interruptions, we find that these workers incur large earnings losses ...
Finance and Economics Discussion Series , Paper 2020-084

FILTER BY year

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

E32 2 items

D10 1 items

D13 1 items

E24 1 items

J21 1 items

J63 1 items

show more (1)

FILTER BY Keywords

PREVIOUS / NEXT