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Insured privately? Wealth stratification of job loss in the UK

Abstract:

Job loss is a significant income shock that can lead to declines in living standards and satisfaction. Wealth can provide a key resource in stratifying the risk and the consequences of such an event. In this article, I examine the extent to which wealth stratified the experience of job loss in the UK from 1991 to 2008. I distinguish between different wealth groups using information on homeownership and home value of primary residency, and then study whether these groups face different risks a...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.17645/si.v11i1.6095

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Institution:
University of Oxford
Division:
SSD
Department:
Social Policy & Intervention
Role:
Author
Publisher:
Cogitatio
Journal:
Social Inclusion More from this journal
Volume:
11
Issue:
1
Pages:
135-147
Publication date:
2023-02-15
Acceptance date:
2022-11-28
DOI:
ISSN:
2183-2803
Language:
English
Keywords:
Pubs id:
1325916
Local pid:
pubs:1325916
Deposit date:
2023-02-15

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