Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/120952 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 9304
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Young adults entering the labor force typically have little access to unemployment insurance or other formal insurance mechanisms. Instead, they rely on family insurance in the form of parental support to smooth consumption. We study the labor market response of Belgian young adults to decreases in parental support caused by parental job displacements. Our estimates correct for unobserved heterogeneity by using the timing of parental shocks before and after labor market entry. We find that a child whose parents lose a job prior to the child's labor market entry is, on average, induced to work 6% more in the 3 years following labor market entry than a child whose parents lose a job after the child's entry (where labor market entry is defined as the end of the child's full-time education). This effect is concentrated on the extensive margin, meaning that the child finds a job faster, and disappears within four years of entry. We find no evidence that parental support affects the quality of the initial job that entrants find.
Schlagwörter: 
labor supply
unemployment insurance
first-time job seekers
job quality
family insurance
JEL: 
J13
J22
J64
J65
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.22 MB





Publikationen in EconStor sind urheberrechtlich geschützt.