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Cultural expenditure of those who enter (or exit) unemployment
Journal of Cultural Economics ( IF 1.9 ) Pub Date : 2021-06-16 , DOI: 10.1007/s10824-021-09423-6
Javier Gardeazabal , Eduardo Polo-Muro

We estimate the effect of unemployment on cultural expenditure and income, and the income elasticity of cultural demand. When a household member enters an unemployment spell, households reduce cultural expenditure and their income falls. Unemployment does not affect participation in cultural markets, and participating households exhibit larger income elasticity. The reduction in cultural expenditure and income is larger for men, and individuals who hold a tertiary education degree tend to experience a larger income fall and a smaller cultural expenditure reduction. We find that the reduction in cultural expenditure is larger during a recession, while the effect of unemployment on household income does not fluctuate much over the business cycle.



中文翻译:

进入(或退出)失业者的文化支出

我们估计失业对文化支出和收入的影响,以及文化需求的收入弹性。当家庭成员进入失业期时,家庭会减少文化支出,收入也会下降。失业不影响文化市场的参与,参与的家庭表现出更大的收入弹性。男性文化支出和收入的下降幅度更大,而拥有高等教育学历的个人往往收入下降幅度较大,文化支出下降幅度较小。我们发现经济衰退期间文化支出的减少幅度更大,而失业对家庭收入的影响在商业周期中波动不大。

更新日期:2021-06-17
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