Abstract Emerging evidence from neuroscience and clinical research suggests a novel hypothesis about tobacco use: consumers may choose to smoke, in part, as a "self-medicating" response to the presence of economic insecurity. To test this hypothesis, we examine the effect of economic insecurity (roughly, the risk of catastrophic income loss) on the smoking behavior of a sample of male working-age smokers from the 1979 National Longitudinal Survey of Youth (NLSY79). Using instrumental variables to control for unobserved heterogeneity, we find that economic insecurity has a large and statistically significant positive effect on the decision to continue or resume smoking. Our results indicate, for example, that a 1 percent increase in the probability of becoming unemployed causes an individual to be 2.4 percent more likely to continue smoking. We find that the explanatory power of economic insecurity in predicting tobacco use is comparable to (but distinct from) household income, a more commonly used metric.
Economic instability, social changes, and new social policies place economic insecurity high on the scholarly and political agenda. We contribute to these debates by proposing a new multidimensional, intertemporal measure of economic insecurity that accounts for both its multiplicity and its dynamism. First, we develop three theory-driven, multidimensional measures of economic insecurity. Principal Components Analysis validates the measure. Second, we develop a dynamic approach to insecurity, using longitudinal data and a newly revised headcount method. Third, we then use our new measures to analyze the distribution of insecurity in Europe. Our analysis shows that insecurity is widespread across Europe, even in low-inequality, encompassing welfare states. Moreover, it extends across income groups and occupational classes, reaching into the middle classes.
The article explores gender inequalities as related to the poverty of women and economic compensation issues. Through examining the 2008 Democratic Party platform, statistical and demographic information and data, the author presents the disparity facing American women today. The author analyzes the earnings among ethnic, gender, and education factors with relation to mean incomes. The article then studies factors affecting women's poverty, the income gap and percentages effected, from which the author then discusses federal policies and women's impoverishment, employment and wages. The author concludes the article examining both poverty and policy into relating these gender-based discrimination and unfairness issues, including opinions on welfare, marriage and single motherhood. Adapted from the source document.
AbstractObjectiveThis research investigated whether economic insecurity is associated with undocumented undergraduate students' mental health and if having lawfully present family members mitigates the relationship between economic insecurity and mental health.BackgroundResearch shows that U.S.‐citizen family members deploy their status privilege, structural advantages enabled by their lawful immigration status, to help undocumented immigrant family members. However, no study to date has established whether such cross‐status support is sufficient to moderate consequences of legal vulnerability.MethodData are from a 2020 online survey of undocumented undergraduates in California (N = 777). Regression analyses test the relationship between economic insecurity (individual/familial) and mental health (anxiety and depression symptomology). The inclusion of interaction terms tests moderation of four lawfully present family ties: parents, siblings, extended family living in the household, and extended family living outside the household.ResultsUndocumented students' own economic insecurity is associated with increased anxiety and depression symptomatology. Having lawfully present extended family members in the household can buffer this relationship, but it also strengthens the relationship between familial economic insecurity and anxiety.ConclusionLawfully present family members may use their status privilege to offer support in certain contexts but are insufficient to address severe structural inequalities linked to one's immigration status.ImplicationsMental health professionals should be prepared to address a wide array of legal vulnerabilities including economic insecurity. Economic insecurity is a moveable and policy‐relevant lever that can be addressed by allocating more student resources, such as support buying books, obtaining affordable housing, and access to food.
AbstractThe recent success of far‐right populism has led to a wave of public attention to its causes. Drawing on novel survey items from the Canadian Election Study, we investigate how economic insecurity, mediated by immigration and feminist attitudes, affects voting behavior. While economic distress has been linked to far‐right voting in Europe, we find support that subjective measures of economic distress are significantly associated with voting for the Right in Canada, when interacting with immigration and feminist attitudes. However, the association only holds for men. The findings suggest that Canada, despite its comparatively weak nativist cleavage, is not immune to tensions arising from globalization and economic insecurity.
Scholars have widely agreed that the transition to adulthood has become destandardized and more extended in time. Although this prolonged transition to adulthood is common in late-modern societies, it is not universal, and the pathways towards adulthood may vary according to contextual factors and personal resources. This study examined the association between perceived economic insecurity and the process of separation–individuation regarding the romantic partner, and explored the mediating role of personal resources (self-esteem, depression). Participants were 387 Portuguese emerging adults (mean age = 22.32 years; SD = 3.47) involved in a romantic relationship, from different economic and cultural backgrounds. Findings revealed that self-esteem and depressive symptoms totally mediated the relationship between economic insecurity and separation–individuation, with higher levels of self-esteem and lower levels of depression being associated with a more successful process of separation–individuation. This study contributes to shed some light on the interaction between developmental processes and social context variables in the transition to adulthood.
This is an age of crisis. That much we can agree on. But a crisis of what? And how do we get out of it? Many on the right call for tax cuts and deregulation. Others on the left rage against the top 1 percent and demand wholesale economic change. Voices on both sides line up against globalization: restrict trade to protect jobs. In The Wolf at the Door, two leading political analysts argue that these views are badly mistaken. Michael Graetz and Ian Shapiro focus on what really worries people: not what the rich are making but rather their own insecurity and that of people close to them. Americans are concerned about losing what they have, whether jobs, status, or safe communities. They fear the wolf at the door. The solution is not protectionism or class warfare but a return to the hard work of building coalitions around realistic goals and pursuing them doggedly through the political system. This, Graetz and Shapiro explain, is how earlier reformers achieved meaningful changes, from the abolition of the slave trade to civil rights legislation. The authors make substantial recommendations for increasing jobs, improving wages, protecting families suffering from unemployment, and providing better health insurance and child care, and they guide us through the strategies needed to enact change. These are achievable reforms that would make Americans more secure. The Wolf at the Door is one of those rare books that not only diagnose our problems but also show us how we can address them. ; https://scholarship.law.columbia.edu/books/1233/thumbnail.jpg
"Americans face real economic hardship but respond with fantastical solutions, from tax-cut magic to the end of capitalism. Michael Graetz and Ian Shapiro focus on what truly worries people: their own insecurity. The authors propose concrete reforms affecting taxes, health care, and wages and share organizing strategies to achieve changes people need."
The aim of this thesis is to identify the relationship between subjective well-being and economic insecurity for public and private sector workers in Ireland using the European Social Survey 2010-2012. Life satisfaction and job satisfaction are the indicators used to measure subjective well-being. Economic insecurity is approximated by regional unemployment rates and self-perceived job insecurity. Potential sample selection bias and endogeneity bias are accounted for. It is traditionally believed that public sector workers are relatively more protected against insecurity due to very institution of public sector employment. The institution of public sector employment is made up of stricter dismissal practices (Luechinger et al., 2010a) and less volatile employment (Freeman, 1987) where workers are subsequently less likely to be affected by business cycle downturns (Clark and Postal-Vinay, 2009). It is found in the literature that economic insecurity depresses the well-being of public sector workers to a lesser degree than private sector workers (Luechinger et al., 2010a; Artz and Kaya, 2014). These studies provide the rationale for this thesis in testing for similar relationships in an Irish context. Sample selection bias arises when a selection into a particular category is not random (Heckman, 1979). An example of this is non-random selection into public sector employment based on personal characteristics (Heckman, 1979; Luechinger et al., 2010b). If selection into public sector employment is not corrected for this can lead to biased and inconsistent estimators (Gujarati, 2009). Selection bias of public sector employment is corrected for by using a standard Two-Step Heckman Probit OLS estimation method. Following Luechinger et al. (2010b), the propensity for individuals to select into public sector employment is estimated by a binomial probit model with the inclusion of the additional regressor Irish citizenship. Job satisfaction is then estimated by Ordinary Least Squares (OLS) with the inclusion of a sample correction term similar as is done in Clark (1997). Endogeneity is where an independent variable included in the model is determined within in the context of the model (Chenhall and Moers, 2007). The econometric definition states that an endogenous independent variable is one that is correlated with the error term (Wooldridge, 2010). Endogeneity is expected to be present due to a simultaneous relationship between job insecurity and job satisfaction whereby both variables are jointly determined (Theodossiou and Vasileiou, 2007). Simultaneity, as an instigator of endogeneity, is corrected for using Instrumental Variables (IV) techniques. Limited Information Methods and Full Information Methods of estimation of simultaneous equations models are assed and compared. The general results show that job insecurity depresses the subjective well-being of all workers in both the public and private sectors in Ireland. The magnitude of this effect differs among sectoral workers. The subjective well-being of private sector workers is more adversely affected by job insecurity than the subjective well-being of public sector workers. This is observed in basic ordered probit estimations of both a life satisfaction equation and a job satisfaction equation. The marginal effects from the ordered probit estimation of a basic job satisfaction equation show that as job insecurity increases the probability of reporting a 9 on a 10-point job satisfaction scale significantly decreases by 3.4% for the whole sample of workers, 2.8% for public sector workers and 4.0% for private sector workers. Artz and Kaya (2014) explain that as a result of many austerity policies implemented to reduce government expenditure during the economic recession, workers in the public sector may for the first time face worsening perceptions of job security which can have significant implications for their well-being (Artz and Kaya, 2014). This can be observed in the marginal effects where job insecurity negatively impacts the well-being of public sector workers in Ireland. However, in accordance with Luechinger et al. (2010a) the results show that private sector workers are more adversely impacted by economic insecurity than public sector workers. This suggests that in a time of high economic volatility, the institution of public sector employment held and was able to protect workers against some of the well-being consequences of rising insecurity. In estimating the relationship between subjective well-being and economic insecurity advanced econometric issues arise. The results show that when selection bias is corrected for, any statistically significant relationship between job insecurity and job satisfaction disappears for public sector workers. Additionally, in order to correct for endogeneity bias the simultaneous equations model for job satisfaction and job insecurity is estimated by Limited Information and Full Information Methods. The results from two different estimators classified as Limited Information Methods support the general findings of this research. Moreover, the magnitude of the endogeneity-corrected estimates are twice as large as those not corrected for endogeneity bias which is similarly found in Geishecker (2010, 2012). As part of the analysis into the effect of economic insecurity on subjective well-being, the effects of other socioeconomic variables and work-related variables are examined for public and private sector workers in Ireland.
Background: The article investigates the phenomenon of economic insecurity from a feminist perspective, assessing the role of women's labour market participation in predicting the phenomenon. It draws on the work of Trifiletti (1999) to analyse women's role in providing welfare for the entire family. Methods: Stemming from a cross-sectional analysis of European Union statistics on Income and Living Conditions (EU-SILC) 2013, logistic regression models (for women in a couple and for single women) are provided for six countries. Results: The descriptive analysis shows that economic insecurity affects single women more than single men, while couples fare better in all countries considered. Transversal factors that explain the phenomenon in logistic regressions are household type and wealth of the family, while the role of women's labour market participation and economic dependency from partners or from a welfare system varies across countries. Conclusions: Empirical results show that countries only partially comply with the theoretical model proposed by Trifiletti (1999), which proceeded from the welfare regime debate. Italy and Spain show more difference than similarity. The results for Italy and the United Kingdom confirm those of previous investigations that indicate their similarity, while France and Spain are closer to the Mediterranean archetype. The results for the Czech Republic confirm its proximity to the breadwinner model, as Denmark epitomises the heuristic capacity of the Universalist model in Northern European countries.
In: Reeskens , T & Vandecasteele , L 2017 , ' Hard times and European youth : The effect of economic insecurity on human values, social attitudes and well-being ' , International Journal of Psychology , vol. 52 , no. 1 , pp. 19–27 . https://doi.org/10.1002/ijop.12387
While economic downturns have adverse effects on young people's life chances, empirical studies examining whether and to what extent human values, social attitudes and well-being indicators respond to sudden economic shocks are scarce. To assess the claim that human values are less affected by economic shocks than social attitudes and well-being, two distinct yet related studies based on the European Social Survey (ESS) are conducted. The first employs a fixed effects pseudo-panel analysis of the 2008–2014 ESS-waves to detect whether changes over time in the socio-demographic group's unemployment risk and national youth unemployment affect individual dispositions to varying degrees. The second study captures micro- and cross-national effects in the 2010 ESS cross-section. Unique for this set-up is that we can test whether the findings hold for over-time changes in youth unemployment within countries (pseudo-panel), as well as for cross-country differences in youth unemployment (multilevel). Both studies indicate that political trust, satisfaction with the economy and subjective well-being are lowered by economic risk and hardship, while social trust and self-rated health are less affected by changes in youth unemployment. Secondly, human values are immune to economic risk, underscoring that values transcend specific situations and are therefore resistant against sudden economic shocks.
PurposeThis paper offers a contribution to the authors' understanding of the impacts of the COVID-19 pandemic on living conditions of Italian households. A large part of the research, analysis, comments focused on the relation between the spread of the COVID-19 pandemic and income of the Italian households does not capture the extent of the current changes. The focus on the highly differentiated impacts of the pandemic on three core dimensions of social integration (the sphere of work, that of welfare and that of the family) could help the authors to grasp the current transformations.Design/methodology/approachThe research draws on Castel's distinction between three "zones" of post-Fordist employment societies with the aim to identify the processes and the conditions that carry individuals from one "zones" to the other. Theoretical considerations are supported by the findings of several qualitative and quantitative research carried out during the pandemic mainly by government agencies and international organizations as OECD and WHO. The analysis of healthcare expenditure, labour market and economic conditions of households is based on data of system of health accounts – SHA and from consumer studies undertaken by the Italian National Institute of Statistics (ISTAT). The data on the financial situation and expectations of households during the crisis used in the article were drawn from special surveys carried out by the Bank of Italy.FindingsWhat the authors observe in Italian society is not a collapse of the three pillars of social and system integration of contemporary societies: work, family and welfare. The COVID-19 pandemic has reversed two social and institutional trends, that in last two decades had damaged these spheres of life and that seemed relentless. First, what has been reversed are: the progressive privatization of welfare and the enhancement of the politics of retrenchment; second, values and styles of life, radical processes of individualization, that undermined mutual relations of support and care, and households' ability to cope with old and new risks. At the same time, the pandemic is radicalizing the long-lasting tendency towards job insecurity, a high incidence of low-paid workers and a high proportion of undeclared work. The highly differentiated impacts of the pandemic on these three spheres of life are creating a wider plurality of living conditions and risks.Social implicationsThe findings suggest that what the authors need is to reopen the debate on welfare priorities, programmes and areas of intervention, on public-private relationship that have been established in many sectors of welfare in the last decades in many European countries. The COVID-19 pandemic has highlighted the importance welfare programmes capable of recognising the autonomous capacities of the family and informal relations to produce well-being, to cope with the crisis and to produce supportive relationships.Originality/valueThe pandemic highlighted that a progressive reduction of expenditure and politics of retrenchment produced welfare not able to face the needs of a large part of households. The pandemic highlighted that the changes that have taken place in the sphere of work, welfare and of the family in the last years have produced less and less governable effects.