We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing house purchase probabilities, debt and interest expenses. Second, we...

This paper investigates how monetary expansion affects household consumption and savings through household debts. Using monetary policy cuts in China in the end of 2008 as an experiment, we find that the resulted increase in indebted households’ disposable income leads to increasing...

This paper develops a new class of poverty and inequality measures we call common prosperity. This measure complements existing classes of measures and allows decomposition across income sources or components of consumption expenditure. This framework enables us to study the trade-off between...

We invite contributions from both senior and junior researchers that focus on the role of families in insuring individuals against downside risk. Potential topics include: - The role of households in insuring against income risk or health risk; - The trade-off between self-insurance of...

Using OeNB Euro Survey data from fall 2020, we will briefly address the questions: Who has been affected by the covid-19 pandemic and how severely? We will look at the results along three dimensions: (1) across main socio-economic characteristics, (2) across regions and countries, (3) across...

Key themes: Time Use during COVID-19; Time Use and Family Health Behaviors; Time Use and Gender; Behavioral Effects Time and Financial Stress; Sleep and Employment; Fatigue and Leisure Consumption; Sleep Deprivation Wellbeing; Employment and Time Use; Mental Health and Labor Market. Keywords:...

Program: - "Countercyclical Congestion"; - "The Real Wages of Newly Hired Workers over the Business Cycle: When the Difference between Worker Flows from Unemployment and Out-of-Labor Force Matters"; - "The Dynamics of Job Search in Unemployment"; - "Minimum Wages in Concentrated Labor...

The aim of the meeting is to bring together senior and junior researchers to discuss their most recent research related to labor market institutions. Relevant topics include (but are not limited to): Unemployment insurance; Employment protection; Active labor market policies; Short-time work...

The workshop will focus on the causes and effects of heterogeneity among workers, households, or firms on macroeconomic outcomes. This includes but is not limited to research on wage dispersion, heterogeneity in unemployment and participation, the roles of firms and technologies in shaping...

The aim of this year’s meeting is to bring together senior and junior researchers to discuss their most recent research related to labor market institutions. Topics: Unemployment insurance; Employment protection; Active labor market programs; Short-time work schemes; Collective bargaining;...