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Job insecurity and its impact on consumption and welfare

Objective



Research objectives and content
JOB INSECURITY,OFTEN BLAMED ON THE MORE FLEXIBLE LABOUR MARKET, IS A COMPLEX PHENOMENON THAT GOES FAR BEYOND THE SIMPLE CHANGE OF A JOB AND FOR WHICH A SUITABLE MEASURE HAS NOT BEEN IDENTIFIED YET. THE FIRST TASK WILL THEREFORE BE TO CREATE SUCH AN INDEX AND TRY TO ANALYSE THE CHANGE OF INSECURITY OVER TIME. THE WORK WILL BE CENTRED AROUND THE ANALYSIS OF THE VARIANCE OF INCOME SHOCKS AND WILL THEREFORE IMPLY THE IDENTIFICATION OF A SUITABLE EARNING PROCESS. THE SECOND STEP WILL OBVIOUSLY BE THAT OF SEEING WHICH ARE THE CAUSES OF JOB INSECURITY, FOR EXAMPLE ANALYSING THE CORRELATION BETWEEN THE VARIANCE OF INCOME SHOCKS AND JOB SEPARATIONS. IF THE LATTER WERE NOT SIGNIFICANT OTHER POSSIBLE CAUSES WILL HAVE TO BE IDENITFIED. FURTHERMORE, THE CONSEQUENCES OF JOB INSECURITY IN TERMS OF CONSUMPTION AND OTHER SOCIAL WELFARE INDICATORS WILL BE EXAMINED TO ASSESS THE IMPACT OF THIS PHENOMENON.
Training content (objective, benefit and expected impact)
THE WORK WILL IMPLY THE USE OF QUITE A LOT OF ECONOMETRIC TECHNIQUES AND THIS BY ITSELF WILL PROVIDE A SERIOUS TRAINING IN APPLIED ECONOMICS. THE BENEFIT TO MYSELF WILL THEREFORE BE VERY HIGH IN TERMS OF AQUIRING VALUABLE KNOWLEDGE IN TERMS OF RESEARCH TECHNIQUES . THE AIM AND THE IMPACT OF THE PROJECT SHOULD BE THAT OF ANALYSING A PHENOMENON THAT IS QUITE WIDESPREAD BUT NOT UNDERSTOOD IN ALL ITS ASPECTS.
Links with industry / industrial relevance (22)

Coordinator

The Chancellor, Masters and Scholars of the University of Oxford
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Manor Road
OX1 3UL Oxford

Participants (1)

Not available