1. Marriage as Insurance: Job Protection and Job Insecurity in France
- Author
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Clark, Andrew E., Conchita D'Ambrosio, Anthony Lepinteur, Paris School of Economics (PSE), École des Ponts ParisTech (ENPC)-École normale supérieure - Paris (ENS Paris), Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)-Université Paris 1 Panthéon-Sorbonne (UP1)-Centre National de la Recherche Scientifique (CNRS)-École des hautes études en sciences sociales (EHESS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE), Paris Jourdan Sciences Economiques (PJSE), Université Paris 1 Panthéon-Sorbonne (UP1)-École normale supérieure - Paris (ENS Paris), Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)-École des hautes études en sciences sociales (EHESS)-École des Ponts ParisTech (ENPC)-Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE), University of Luxembourg [Luxembourg], and Bauer, Caroline
- Subjects
Economics and Econometrics ,History ,Polymers and Plastics ,Industrial and Manufacturing Engineering ,Employment Protection ,Insurance ,Economie sociale [B15] [Sciences économiques & de gestion] ,JEL: J - Labor and Demographic Economics/J.J1 - Demographic Economics/J.J1.J13 - Fertility • Family Planning • Child Care • Children • Youth ,difference-in-differences ,ddc:330 ,Marriage ,Business and International Management ,[SHS.ECO] Humanities and Social Sciences/Economics and Finance ,employment protection ,Social economics [B15] [Business & economic sciences] ,marriage ,I38 ,J13 ,JEL: I - Health, Education, and Welfare/I.I3 - Welfare, Well-Being, and Poverty/I.I3.I38 - Government Policy • Provision and Effects of Welfare Programs ,HQ The family. Marriage. Woman ,[SHS.ECO]Humanities and Social Sciences/Economics and Finance ,J18 ,HD Industries. Land use. Labor ,JEL: J - Labor and Demographic Economics/J.J1 - Demographic Economics/J.J1.J18 - Public Policy ,Perceived Job Security ,Difference-in-Differences ,Social Sciences (miscellaneous) ,insurance - Abstract
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.
- Published
- 2022