We examine the impact of job displacement and serious health problems on multiple measures of individual and household well-being using longitudinal data. We extend the previous literature by examining whether these shocks have differential effects for the native-born and immigrants and whether shock mitigation strategies and their effectiveness differ by immigration status. Our results suggest that both immigrants and native-born individuals have access to similar institutional and other formal and informal risk-sharing arrangements such that they are able to mitigate shocks against job loss or illness almost equally.

consumption, health shocks, income, Job loss, labour supply
Applied Economics
Department of Economics

Islam, A. (Asadul), Stillman, S. (Steven), & Worswick, C. (2018). Can immigrants insure against shocks as well as the native-born?. Applied Economics, 1–14. doi:10.1080/00036846.2018.1486987