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It is often assumed that international labor migration from Tajikistan, while having no noticeable effects on … the migration decision is developed and tested empirically. In a second step, the effect of low-skilled labor migration on … household expenditure shares is analyzed using 2SLS. While only weak effects of migration measured by a simple dummy are visible …
Persistent link: https://www.econbiz.de/10010457933
Temporary and circular migration programs have been devised by many destination countries and supported by the European … additional reason for proposing temporary migration policies based on the characteristics of the foreign labor-effort supply. The … when temporary migration policies are adopted. -- Migration ; Exertion of effort ; Contracted Temporary Migration …
Persistent link: https://www.econbiz.de/10008990097
There has been little rigorous evaluation of immigration barriers intended to improve domestic terms of employment by shrinking the workforce. We study one such barrier, a policy change that excluded almost half a million Mexican bracero seasonal agricultural workers from the United States....
Persistent link: https://www.econbiz.de/10012963750
Rural to urban migration is an integral part of the development process, but there is little evidence on how out-migration …) a decrease in the price of non-tradables like prepared food and tea. Seasonal migration subsidies not only generate …
Persistent link: https://www.econbiz.de/10012945613
Expenditure visibility—the extent to which a household's spending on a consumption category is noticeable to others—is measured in three new surveys, with ~3,000 telephone and online respondents. Visibility shows little change across time (ten years) and survey methods. Four different...
Persistent link: https://www.econbiz.de/10012909500
In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in … ownership and expenses, levels and paths of health status, number of household members, and out-of -pocket medical expenditures …
Persistent link: https://www.econbiz.de/10012984779
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
Persistent link: https://www.econbiz.de/10012984119
housing net worth on household expenditures during the Great Recession. Their widely-cited estimates are based on proprietary … specification on our data, we obtain values for the elasticity of expenditures to the housing net worth shock that are virtually … conclusions about the separate roles of house prices and initial housing exposure/leverage for the drop in expenditures. Moreover …
Persistent link: https://www.econbiz.de/10012992649
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We provide preliminary evidence for the effectiveness of such policies using changes in...
Persistent link: https://www.econbiz.de/10012929012
In HANK, we show that fiscal policy is an appropriate macroeconomic stabilization tool at the ZLB. Fiscal policy achieves the same macroeconomic aggregates and the same welfare as hypothetically unconstrained monetary policy by replicating its transmission mechanism. Consumption taxes and labor...
Persistent link: https://www.econbiz.de/10012549562