The Consequences of Economic Insecurity

Seminario de Investigación
The Consequences of Economic Insecurity

Economic insecurity is considered to be on the rise. But how can it be measured, and what are its consequences? We here consider both axiomatic measurement and self-reported insecurity. We then use panel data to show that insecurity affects health, voting, fertility, marriage, home-ownership and savings. We underline where current research is lacking.

Expositores | Andrew E. Clark & Conchita D’Ambrosio
Paris School of Economics (PSE) – CNRS, FR
University of Luxembourg, LU

Conchita D’Ambrosio was appointed Professor of Economics at the Université du Luxembourg in April 2013. She studied Economics at the Università Bocconi, Milan, and at New York University, from which latter she obtained her Ph.D. in 2000. Her research interests have revolved around the study of individual and social well-being and its determinants. Her research focus is both theoretical and applied. Her
work provides theoretically-sound measures of various phenomena – such as economic insecurity, multidimensional poverty, relative deprivation, resilience, and social exclusion – that are becoming increasingly common in our societies. She also explores the impacts of various life events on measures of well-being via the use of panel and birth-cohort data. The traditional approach followed in the Social Sciences is here enriched with insights from Biology looking at variables related to DNA and DNA Methylation. She was Editor of the Review of Income and Wealth between 2008 and 2024.

Andrew Clark earned both Masters and PhD degrees in Economics from the London School of Economics, and is currently Full CNRS Research Professor at the Paris School of Economics. He was one of the first researchers in Economics to use data on subjective well-being. His research has covered the role of comparisons (to others like you, to your partner etc.) in well-being, and the use of long-run panel data to model adaptation to life events (such as unemployment, marriage, and divorce). Recent work has used birth-cohort data to analyse the influence of family background and childhood events on adult outcomes (including adult subjective well-being), and considered the causes and consequences of economic insecurity. Prof. Clark is one of the authors of The Origins of Happiness (Princeton University Press).

Lugar | FCE-UBA | Aula Olivera