The effects of changes in job insecurity on daily consumption and major life decisions

Lozza, Edoardo; Castiglioni, Cinzia; Bonanomi, Andrea

doi:10.1177/0143831x17731611

Cited by 17 publications

(27 citation statements)

References 78 publications

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“…Finally, an indirect effect of job insecurity on health can occur when people reduce their investments in health so they can save in order to cope with a possible job loss. Although this potential effect could only be verified in the long term [31], it is important to consider it as a factor that increases the accumulated vulnerability of workers with fewer resources, since there is evidence [34] that job insecurity also affects negatively daily consumption and some major life decisions. Based on these rationales and prior data, we formulate the following hypothesis:H1: Perceived job insecurity as a result of the COVID-19 pandemic will have a negative effect on overall mental health.…”

Section: Theoretical Background and Hypothesismentioning

confidence: 99%

Job insecurity, financial threat and mental health in the COVID-19 context: The buffer role of perceived social support

Salgado

2020

Preprint

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The social distancing, confinement and quarantine adopted since March 2020 to confront the COVID-19 pandemic have affected multiple vital areas, and specially work, business and productive activities. Prior research has highlighted the relation between perceptions of risk in employment and its concomitant financial risk with a myriad of consequences for people's well-being and health. In order to analyze the potential negative consequences of temporary layoffs, downsizing or closure of companies and businesses, and the consequent insecurity about the continuity of employment, the aim of this study is twofold. Firstly, to analyze the relations between the perceptions of job insecurity and financial threat and overall mental health during the first month of the COVID-19 pandemic in a sample of the Chilean adult population. And secondly, to identify the potential buffer effect of perceived social support on this relation. To analyze this, we carried out a cross-sectional study on a non-probabilistic sample aimed at a general Chilean adult population. The results show that both perceptions of job insecurity and financial threat are associated with a decline in perceived mental health. Additionally, results indicate a moderate buffer effect of perceived social support relative to the size of the social network. Thus, in relation to job insecurity and financial threat, the network size mitigates the association of both with the decline in perceived mental health. The theoretical and applied scope of these findings are analyzed, and their challenges and limitations are discussed.

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Section: Theoretical Background and Hypothesismentioning

confidence: 99%

Job insecurity, financial threat and mental health in the COVID-19 context: The buffer role of perceived social support

Salgado

2020

Preprint

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“…For example, job accession between two years corresponds to the number of persons who report being in employment in one year but have been unemployed in the previous year. 8 One focus of this report is on the distinction between hiring workers from within an existing employment relationship (churning) and workers who have previously not been employed (accession or entry). Likewise, there is an important distinction between workers leaving employment but able to find other employment elsewhere and workers tumbling into unemployment or inactivity by losing their jobs (separation and exit).…”

Section: Labour Market Transitionsmentioning

confidence: 99%

“…Using data from the EU LFS, patterns of labour market dynamics have been shown in Ward-Warmedinger and Macchiarelli (2014[27]). None of these studies relates labour market dynamics to trade exposure 8. Using this definition, all workers can only experience a single transition in each year.…”

mentioning

confidence: 99%

Job characteristics, job transitions and services trade

Benz

Johannesson

2019

OECD Trade Policy Papers

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This paper is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and the arguments employed herein do not necessarily reflect the official views of OECD countries. The publication of this paper has been authorised by Ken Ash, Director of the Trade and Agriculture Directorate. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. This document has been declassified on the responsibility of the Working Party of the Trade Committee under the OECD reference number TAD/TC/WP(2018)16.

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“…Participants were Italian (61.4% female) aging between 18 and 79 years (M = 35.5, SD = 13.5, Md = 30). Italy represents a good testing ground as the most recent Global Financial Crisis had a noteworthy impact on the society [20,21] and, despite the huge public debt, Italian people show high levels of proclivity towards tax evasion [22][23][24], which undermines the financial sustainability of the societal system. A high percentage (68.2%) of participants held a university degree (either bachelor's or master's), whereas they varied in terms of employment condition (44.6% employees, 16.6% self-employed, and 29.2% students, with the remaining 9.6%, including unemployed, homemakers, and retired people).…”

Section: Participants and Designmentioning

confidence: 99%

The Common Good Provision Scale (CGP): A Tool for Assessing People’s Orientation towards Economic and Social Sustainability

2019

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Many governments and institutions are currently challenged with insecurity, economic instability, and ongoing turbulence which may undermine the quality of life of each human being and the sustainable development of civil society. As this kind of sustainable development is strictly related to the promotion of the 'common good', it is of paramount importance to understand the different motives that lead people to give their contribution to the common good, in order to sustainably align individual needs with the needs of the society. By adopting a psychological perspective for the promotion of the sustainable development, the aim of this study is to develop and validate a new metric, the Common Good Provision scale (CGP), to assess people's orientation towards economic and social sustainability. Items were generated from a preliminary qualitative study investigating meaning and representations on the common good and its provision. Both exploratory and confirmatory factor analyses were undertaken to validate and improve the scale. The final scale, which consists of seven items, contains two dimensions: Accessibility (i.e., making the common good accessible to anyone and fulfilling people's basic needs) and Personal Gain (i.e., getting a return and personal advantage in exchange for one's contribution). In addition, we tested a model in relation to a specific form of contribution: Paying taxes and making charitable donations, that are two complementary ways to financially provide for the common good. It was found that when the Accessibility motive prevails, people are more willing to pay taxes and make donations, whereas when the Personal Gain motive prevails, people are more likely to commit tax evasion and less willing to make monetary donations. The study is novel in that it represents the first attempt to develop a metric to assess people's motives towards the common good provision. Potentialities and further applications of the CGP scale to other contexts are discussed in relation to the promotion of people's wellbeing and sustainable development.

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The effects of changes in job insecurity on daily consumption and major life decisions

Cited by 17 publications

References 78 publications

Job insecurity, financial threat and mental health in the COVID-19 context: The buffer role of perceived social support

Job insecurity, financial threat and mental health in the COVID-19 context: The buffer role of perceived social support

Job characteristics, job transitions and services trade

The Common Good Provision Scale (CGP): A Tool for Assessing People’s Orientation towards Economic and Social Sustainability

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