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Research in 2022

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  • Research Project Title
    The Effect of Employment Volatility on Household Income Volatility and Consumption
  • Project Title
    Research in 2021
  • Project Manager(s)
    Insong Jang
  • This study aims to analyze the relationship between employment volatility and household income volatility and the effect of such volatility on consumption and other household decisions in order to develop policies to stabilize employment, promote redistribution, and boost consumption. There is a growing concern over job insecurity and income uncertainty due to COVID-19 and its spillover into household consumption, industries for domestic markets and fertility rates. 

    It also aims to identify households or groups with the highest employment and income volatility for the development of policies for income support in times of economic crisis and to propose the most effective way to support households when implementing fiscal policies designed to boost domestic demand.