Template-type: ReDIF-Paper 1.0
Author-Name: Denisa Maria Sologon
Author-Email: denisa.sologon@ceps.lu
Author-Workplace-Name: UNU-MERIT/MGSoG, Maastricht University, CEPS/INSTEAD
	 Luxemburg, and IZA Germany
Author-Name: O'Donoghue, Cathal
Author-Workplace-Name: Teagasc, NUI, Ireland
Title: Shaping earnings instability: labour market policy and institutional factors
Abstract: The concerns regarding economic insecurity stemming from earnings
	 instability have been gaining momentum in the contemporary political
	 discourse. If earnings instability is as a proxy for risk, for risk-averse
	 individuals, increasing earnings instability bears substantial welfare
	 costs. Using the variance of transitory earnings estimated using the
	 European Community Household Panel (ECHP) and the OECD labour
	 market indicators, we explore by means of non-linear least squares the
	 relationship between earnings instability and labour market
	 policies/institutions across Europe in the 1990s.
Classification-JEL: C23, D31, J31, J60, J50, J08, O15
Keywords: economic insecurity, earnings instability, labour market institutions,
	 labour market policies
Series: UNU-MERIT Working Papers
Creation-Date: 2011
Number: 2011-077
File-URL: https://unu-merit.nl/publications/wppdf/2011/wp2011-077.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2011077