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By  and Christopher J. Anderson and Christopher J. Anderson

Abstract

This paper examines the determinants of economic insecurity in advanced industrial societies. Based on data collected in 13 European democracies, it shows that people’s sense of economic security is affected by individual-level attributes such as human capital, recent experiences in the labor market and perceptions of the national economy, but also by cross-national differences in levels of social protection and dependence on the international economy. People who encounter difficulties in the labor market and who live in countries with lower levels of social protection experience significantly higher levels of economic insecurity. Moreover, the results show that the effects of globalization on people’s sense of job insecurity are contingent on their country’s exposure to the world economy. Greater exposure to trade increases the mitigating effects social protection has on people’s sense of economic insecurity. Acknowledgments: This research was supported by NSF grant SBR-9818525. The survey data used in the study come from ICPSR Study No. 6518. The original collector of the data, ICPSR, ZA and the relevant funding agency bear no responsibility for uses of this collection or for interpretations or inferences based upon such uses. I am grateful to Sean Bolks and Silvia Mendes for their help. This paper was first presented at the Political Economy Research Colloquium (PERC), Department of Government, Cornell University. I am grateful to the seminar participants for their insightful comments. Address all correspondence to

Year: 2011
OAI identifier: oai:CiteSeerX.psu:10.1.1.196.5181
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