Job insecurity and wages

Arbeitspapier

This paper examines whether subjective expectations of unemployment are reliable indicators of the probability of becoming unemployed, and investigates their association with wage growth. We find that workers' fears of unemployment are increased by their previous unemployment experience and by the unemployment experiences of a close friend, and are associated with other objective indicators of insecure jobs. We then show that unemployment fear predicts future unemployment, above and beyond observed objective variables. High fears of unemployment are found to be associated with significantly lower levels of wage growth for men, but to have no significant link with wage growth for women.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Department of Economics Discussion Paper ; No. 08,13

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Mobility, Unemployment, Vacancies, and Immigrant Workers: General ; Wages, Compensation, and Labor Costs: General
• Thema: job insecurity ; wages ; unemployment ; subjective expectations ; Arbeitsplatzsicherung ; Personalabbau ; Lohnstruktur ; Erwartungstheorie ; Arbeitslosigkeit ; Schätzung

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Campbell, David ; Carruth, Alan ; Dickerson, Andrew ; Green, Francis
• Ereignis: Veröffentlichung
• (wer): University of Kent, Department of Economics
• (wo): Canterbury
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/50584
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ