Marriage as insurance: job protection and job insecurity in France

Clark, Andrew; d'Ambrosio, Conchita; Lepinteur, Anthony

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Marriage as insurance: job protection and job insecurity in France

Clark, Andrew; d'Ambrosio, Conchita; Lepinteur, Anthony

2023 • In Review of Economics of the Household, 21, p. 1157-1190

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Keywords :

Marriage; Insurance; Difference-in-differences

Abstract :

[en] Job insecurity is one of the risks that workers face on the labour market. As with any risk, individuals can choose to insure against it, and we here consider marriage as one potential source of this insurance. The 1999 rise in the French Delalande tax, paid by larger private firms when they laid off workers aged 50 or over, led to an exogenous rise in job insecurity for the uncovered (younger workers) in these larger firms. A difference-in-differences analysis using French panel data reveals that this greater job insecurity for the under-50s led to a significant rise in their probability of marriage, and especially when the partner had greater job security, consistent with marriage providing insurance against labour-market risk.

Disciplines :

Social economics

Author, co-author :

Clark, Andrew; Paris School of Economics-CNRS and University of Luxembourg

d'Ambrosio, Conchita ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS)

Lepinteur, Anthony ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS)

External co-authors :

yes

Language :

English

Title :

Marriage as insurance: job protection and job insecurity in France

Publication date :

2023

Journal title :

Review of Economics of the Household

ISSN :

1573-7152

Publisher :

Kluwer Academic Publishers, Netherlands

Volume :

Pages :

1157-1190

Peer reviewed :

Peer reviewed

FnR Project :

FNR12677653 - Financial Strain And Economic Instability: Effects On Wellbeing And Behaviour Over The Life Course, 2018 (01/09/2019-31/08/2022) - Conchita D'ambrosio

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since 04 March 2023

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