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Job polarisation and household borrowing

Dados Bibliográficos

ID12836629
AutoresMichele Cantarella (0000-0002-4782-7393, National Consumer Research Centre, autor correspondente), Ilja Kristian Kavonius (0000-0002-6621-8809, University of Helsinki)
Ano2024
Volume22
Fascículo4
Páginas959-980
Data de publicação2024-02-29
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Journal of Economic Inequality (JOURNAL)
Identificadores do periódicoISSN: 1569-1721 • E-ISSN: 1573-8701
EditoraSpringer Science+Business Media (PUBLISHER • DE)
DOI10.1007/s10888-024-09624-x
OpenAlexW4392288163
IdiomaEN
Referências citadas43

The last few decades have seen transformative changes to the structure of employment, which have led to a deterioration in demand for middle-skill occupations, a process known as job polarisation. As demand for middle-skill workers shrinks, expectations about households’ income through their lifetime horizon must be adjusted. It is possible that these expectations loop back into the credit system and affect the lending behaviour of credit institutions or that they impact households’ self-assessment of their opportunities to borrow money. In this paper we study how the process of job polarisation affects credit demand and supply, studying its relationship with credit constraint and credit quality

Business · Demographic economics · Economics · Labour economics · Employment and Welfare Studies · Labor market dynamics and wage inequality · Social Policy and Reform Studies

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