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The Effect of Unconventional Fiscal Policy on Consumption Expenditure
D'Acunto, Francesco - 2016
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
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Non-Durable Consumption and Housing Net Worth in the Great Recession : Evidence from Easily Accessible Data
Kaplan, Greg - 2016
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
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The Permanent Income Hypothesis and Consumption Durability : Analysis Based on Japanese Panel Data
Hayashi, Fumio - 2021
commodity groups. Consumption is a distributed lag function of expenditures, and the utility function is additively separable in … each commodity group, expected change in expenditures is correlated neither with past expenditure changes on other …
Persistent link: https://www.econbiz.de/10013218128
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The Selection of Migrants and Returnees : Evidence from Romania and Implications
Ambrosini, William - 2011
-specific premium for migration and return for three typical destinations of Romanian migrants after 1990. We find evidence for a … sorting of migrants consistent with skill compensation in destination countries. The premium to return migration increases … with migrants' skills and drives the positive selection of returnees. Based on the rationality of these migration decisions …
Persistent link: https://www.econbiz.de/10013127753
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Immigration, Jobs and Employment Protection : Evidence from Europe
D’Amuri, Francesco - 2011
In this paper we analyze the effect of immigrants on native jobs in fourteen Western European countries. We test whether the inflow of immigrants in the period 1996-2007 decreased employment rates and/or if it altered the occupational distribution of natives with similar education and age. We...
Persistent link: https://www.econbiz.de/10013123669
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How Much Does Immigration Boost Innovation?
Hunt, Jennifer - 2010
We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual patenting behavior as well as state-level determinants of patenting. The 2003 National Survey of College Graduates shows that immigrants patent at double the native rate, and that...
Persistent link: https://www.econbiz.de/10012758423
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Effects of Low-Skilled Immigration on U.S. Natives : Evidence from Hurricane Mitch
Kugler, Adriana D. - 2010
previous Latin American immigrants falls when controlling for out-migration. This highlights the importance of controlling for … out-migration not only of natives but also of previous immigrants in regional studies of immigration …
Persistent link: https://www.econbiz.de/10012758439
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Income Maximization and the Selection and Sorting of International Migrants
Grogger, Jeffrey - 2010
alternative specifications of international migration, estimate the magnitude of migration costs by source-destination pair, and …
Persistent link: https://www.econbiz.de/10012759515
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Immigrants' and Native Workers : New Analysis on Longitudinal Data
Foged, Mette - 2013
Using longitudinal data on the universe of workers in Denmark during the period 1991-2008 we track the labor market outcomes of low skilled natives in response to an exogenous inflow of low skilled immigrants. We innovate on previous identification strategies by considering immigrants...
Persistent link: https://www.econbiz.de/10013077946
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International Migration, Self-Selection, and the Distribution of Wages : Evidence from Mexico and the United States
Chiquiar, Daniel; Hanson, Gordon H. - 2022
observable skills there is intermediate or positive selection of immigrants from Mexico. The results also suggest that migration …
Persistent link: https://www.econbiz.de/10013294768