Arbeitspapier
Job polarisation and household borrowing
The last few decades have been accompanied by disruptive changes to the structure of employment which have led to deterioration in demand for middle-skill occupations, a process known as job polarisation. As the demand for middle-skill workers shrinks, expectations about households' income through their lifetime horizon are adjusted. It is unclear whether these expectations can loop back into the credit system, and affect the lending behaviour of credit institutions, or whether this process impacts on the households' self-assessment of their opportunities to borrow money. In this paper, we study how the process of job polarisation affects credit demand and supply, studying its relationship with credit constraint and credit quality.
- ISBN
-
978-92-899-5267-5
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 2683
- Klassifikation
-
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Expectations; Speculations
Economic Development: Human Resources; Human Development; Income Distribution; Migration
- Thema
-
Job polarisation
Job security
Household credit
Employment expectations
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Cantarella, Michele
Kavonius, Ilja Kristian
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2022
- DOI
-
doi:10.2866/092600
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Cantarella, Michele
- Kavonius, Ilja Kristian
- European Central Bank (ECB)
Entstanden
- 2022
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