Federal Reserve Bank of Richmond: "Does Household Labor Supply Insure Against Income Shocks?"
February 25, 2026
February 25, 2026
RICHMOND, Virginia, Feb. 25 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 26-06) in Feb. 2026 by Yongsung Chang, Elin Halvorsen and Marios Karabarbounis entitled "Does Household Labor Supply Insure Against Income Shocks?".
Here are excerpts:
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Key Takeaways
* A household has various means for insuring against a primary income loss, including increasing the spouse's labor supply.
Here are excerpts:
* * *
Key Takeaways
* A household has various means for insuring against a primary income loss, including increasing the spouse's labor supply.