The dimension, nature and distribution of economic insecurity in European countries: A multidimensional approach
Economic insecurity is a key well-being outcome because the anticipation of future economic distress reveals itself as a true threat to current well-being. Insecurity has been shown to affect quality of life and to change an individual’s consumption, fertility, labor supply and even political suppor...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2020 |
| País: | España |
| Institución: | Universidad Nacional de Educación a Distancia |
| Repositorio: | e-spacio. Repositorio Institucional de la UNED |
| Idioma: | inglés |
| OAI Identifier: | oai:e-spacio.uned.es:20.500.14468/24913 |
| Acceso en línea: | https://hdl.handle.net/20.500.14468/24913 |
| Access Level: | acceso abierto |
| Palabra clave: | 56 Ciencias Jurídicas y Derecho 53 Ciencias Económicas Economic insecurity welfare regimes counting approach multidimensional index european countries |
| Sumario: | Economic insecurity is a key well-being outcome because the anticipation of future economic distress reveals itself as a true threat to current well-being. Insecurity has been shown to affect quality of life and to change an individual’s consumption, fertility, labor supply and even political support decisions to mitigate risk. This paper provides evidence on the dimension, nature and distribution of economic insecurity for 27 European countries during a whole decade by using a multidimensional individual approach that considers both objective and subjective indicators. The young, the less educated and the unemployed living in households with dependent children have significantly higher levels of economic insecurity everywhere. However, insecurity affects the population in the middle class only in some countries but not in others, and the level of insecurity in liberal regimes is more linked to large income losses than elsewhere. The role of objective versus subjective dimensions is larger in post-transition Eastern European regimes than in long-standing capitalist countries. |
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