Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. -- unemployment …

Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … private savings can complement publicly provided unemployment insurance …

Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. …

We use detailed Norwegian administrative data to identify the income loss associated with the onset of unemployment and … analyze the corresponding consumption expenditure response and the extent to which this response is related to household … balance sheet components. Unemployment results in a significant, long-term decline in income. Consumption decreases by about …

to consume (MPCs). Our main contribution is to document how MPCs vary with household characteristics and prize size, and …

Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … private savings can complement publicly provided unemployment insurance. …

Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. …

Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … private savings can complement publicly provided unemployment insurance. …