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What do saving - investment relationships tell us about capital mobility?

Wong, David Y. - Federal Reserve Bank of Philadelphia - 1988

Persistent link: https://www.econbiz.de/10005717407

Benchmark revisions and the U.S. personal saving rate.

Nakamura, Leonard; Stark, Tom - Federal Reserve Bank of Philadelphia - 2005

personal saving rate across time was meaningless noise. Nominal disposable personal income has been revised upward an average … saving rate to forecast real disposable income, gross domestic product, and personal consumption and show that the personal …

Persistent link: https://www.econbiz.de/10005389523

The effect of transitional dynamics on the distribution of wealth in a neoclassical capital accumulation model

Chatterjee, Satyajit - Federal Reserve Bank of Philadelphia - 1991

Persistent link: https://www.econbiz.de/10005512264

The life-cycle effects of house price changes

Li, Wenli; Yao, Rui - Federal Reserve Bank of Philadelphia - 2005

The authors develop a life-cycle model to study the effects of house price changes on household consumption and welfare. The model explicitly incorporates the dual feature of housing as both a consumption good and an investment asset and allows for costly adjustments in housing and mortgage...

Persistent link: https://www.econbiz.de/10005512289

Chinese Immigrants in the U.S. Labor Market:Effects of Post-Tiananmen Immigration Policy

Orrenius, Pia M.; Zavodny, Madeline; Kerr, Emily - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2012

The Tiananmen Square protests in 1989 and ensuing government crackdown affectedChinese nationals not only at home but around the world. The U.S. government responded tothe events in China by enacting multiple measures to protect Chinese nationals present inthe U.S. It first suspended all forced...

Persistent link: https://www.econbiz.de/10009486876

It’s the Opportunity Cost, Stupid!How Self-Employment Responds to FinancialIncentives of Return, Risk and Skew

Berkhout, Peter; Hartog, Joop; Praag, Mirjam van - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

wages given up as an employee.Information on income from self-employment is of inferior quality and this is not just … it is not only the location of an income distribution thatmatters and that dispersion and (a)symmetry should not be …

Persistent link: https://www.econbiz.de/10009496228

The Financial Crisis, Labor Market Transitions andEarnings: A Gendered Panel Data Analysis for Serbia

Blunch, Niels-Hugo; Sulla, Victor - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

While results are starting to emerge, not much is known yet about the dynamics of the labormarkets of the former Eastern economies, especially in the context of the current FinancialCrisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor markettransitions, earnings...

Persistent link: https://www.econbiz.de/10009522192

Labor Earnings Respond Differently toIncome-Tax and to Payroll-Tax Reforms

Lehmann, Etienne; Marical, François; Rioux, Laurence - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

themarginal net-of-income-tax rate is around 0.2, while we find no response to the marginal netof-payroll-tax rate. The elasticity … with respect to the average net-of-tax rates is not significantfor the income-tax schedule, while it is close to -1 for the … payroll-tax schedule. A plausibleexplanation is the existence of significant labor supply responses to the income-tax schedule …

Persistent link: https://www.econbiz.de/10009522198

Optimal Piecewise Linear Income Taxation

Apps, Patricia; Long, Ngo Van; Rees, Ray - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

Given its significance in practice, piecewise linear taxation has received relatively littleattention in the literature. This paper offers a simple and transparent analysis of its maincharacteristics. We fully characterize optimal tax parameters for the cases in which budgetsets are convex and...

Persistent link: https://www.econbiz.de/10009522218

Anatomy of a Health Scare : Education, Income and the MMR Controversy in the UK

Anderberg, Dan; Chevalier, Arnaud; Wadsworth, Jonathan - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008

One theory for why there is a strong education gradient in health outcomes is that more educated individuals more quickly absorb new information about health technology. The MMR controversy in the UK provides a case where, for a brief period of time, some highly publicized research suggested...

Persistent link: https://www.econbiz.de/10005859496